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101 sats \ 3 replies \ @0xbitcoiner 5 Aug \ on: New đź’©coin exchange Bullish (BLSH) IPO available on Robinhood. Staying away! Stacker_Stocks
Yesterday I was gonna share this news, but then I figured it wasn’t worth it.

Peter Thiel-backed crypto platform Bullish files IPO, aims to raise up to $629 million

Quick Take

  • The company aims to sell 20.3 million shares at a price between $28 and $31, according to a preliminary prospectus.
  • JPMorgan and Jeffries are the lead underwriters.
Bullish, a crypto platform that counts billionaire tech investor Peter Thiel as an investor, is seeking to raise up to $629 million with an initial public offering, according to a Monday filing with the U.S. Securities and Exchange Commission.
The company aims to sell 20.3 million shares at a price between $28.00 and $31.00, according to a preliminary prospectus, which would value Bullish at $4.2 billion.
In June, Bullish confidentially filed for an initial public offering. A confidential IPO process typically allows companies to advance their listing preparations without disclosing financial details until they move closer to going public.
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https://www.theblock.co/post/365457/peter-thiel-backed-crypto-platform-bullish-files-ipo-aims-to-raise-up-to-629-million
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42 sats \ 2 replies \ @BlokchainB OP 5 Aug
Ahh now that Peter Thiel’s name is tied to it I’m sure some retail investors will be happy to pile into this IPO
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558 sats \ 1 reply \ @0xbitcoiner 5 Aug
Yep! At first I thought it was Peter Schiff and I thought it was kinda funny, but then I checked and it wasn’t him.
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111 sats \ 0 replies \ @BlokchainB OP 5 Aug
Hahahahah
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