Tag: offering

Nuvei’s Red-Hot IPO Marks Canada’s Largest Tech Offering

(Bloomberg) — Payments company Nuvei Corp. jumped 31% in its trading debut on Thursday, riding the wave of demand for technology shares that has swept the globe in recent months.

Montreal-based Nuvei, which supplies payment technology to the retail, travel, gaming and other sectors, is among a cluster of firms benefiting from the shift to e-commerce during pandemic lockdowns. The deal raised $700 million, making it the biggest tech offering in the history of the Toronto Stock Exchange, the exchange said in a statement.

“The rebound in technology names is a good sign for the private tech companies with plans

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Rackspace Technology, Inc. Files Registration Statement for Proposed Initial Public Offering

SAN ANTONIO–(BUSINESS WIRE)–Rackspace Technology, Inc. (“Rackspace Technology”) today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock. Rackspace Technology has applied for listing its common stock on the Nasdaq Global Select Market under the ticker symbol “RXT”. The number of shares to be offered and the price range for the proposed offering have not yet been determined.

Goldman Sachs & Co. LLC, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are serving as joint lead book-running managers and as representatives

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MIT researchers translated the coronavirus into music offering a new perspective for studying the virus

Coronavirus proteins.
Coronavirus proteins.

Markus Buehler

  • Researchers at the Massachusetts Institute of Technology aren’t only looking at the novel coronavirus, SARS-CoV-2, through a microscope, they are hearing it in musical form.

  • Markus Buehler, material scientist and professor of engineering at MIT, described to Business Insider how he and his lab translated the structure of the coronavirus protein into a musical composition.

  • Not only is it a new perspective into observing the virus, but Buehler said future applications of this data could help design antibodies that could counteract human infection with the coronavirus, which causes the respiratory illness COVID-19.

  • Visit Business Insider’s homepage

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