YahSat starts trading
Al Yah Satellite (YahSat) started trading on the Abu Dhabi stock exchange on July 14th. The company, backed by sovereign wealth fund Mubadala, confirmed that it expected its next satellite…
YahSat on course to raise $730m in IPO
The IPO for Al Yah Satellite Communications (YahSat) was priced at 2.75 Dirhams (€0.63) per share, in the middle of the proposed indicative range, and interest was strong. Currently owned…
Yahsat targets $810m in IPO
Abu Dhabi’s Al Yah Satellite Communications (which trades as Yahsat) has set its indicative price range for its Initial Public Offering (IPO), and which shows it could raise up to…
YahSat confirms IPO
Al Yah Satellite Communications (which trades as YahSat) and is fully owned by Abu Dhabi’s $243 billion sovereign wealth fund Mubadala Investment, has hired Abu Dhabi’s Abu Dhabi Commercial Bank,…
Seraphim plans London IPO
Venture Capital fund Seraphim, which describes itself as the world’s first space VC fund, is planning a London float and is working with banks. The plan, reported initially by Sky…
UK: 2.5m behind on their broadband bills
Findings from advisory charity Citizens Advice suggest that 2.5 million people in the UK are behind on their broadband bills, with 700,000 of these falling into the red during Covid.…
Codemill to acquire Cantemo
Codemill has reached an agreement to acquire Cantemo, developers of Cantemo Portal next generation Media Asset Management (MAM) software. The closing of the deal coincides with the Initial Public Offering…
Vice goes stream only, lines up IPO
Vice Media has launched a free online television channel available on the Roku platform in the US this week, as it markets an IPO to refinance some of the funding…
Musk raises another $1.1bn for SpaceX
Elon Musk might well mount an IPO for his SpaceX business somewhere down the line, but for the moment he seems happy to raise cash by issuing new equity. In…
MDA wraps IPO offer
Satellite technology and services company MDA has reported an over-allotment of shares following on from its IPO. MDA Corp, the satellite builder formerly known as MacDonald, Dettwiler & Assoc, are…
DAZN mulls IPO
DAZN, the sports streaming platform, is considering an IPO. “If circumstances were right, I can see us tapping the public capital markets or the private capital markets over the next…
MDA prices IPO offer
Space and satellite specialist MDA has announced its share price offer for the upcoming IPO. It will offer shares at C$14 per common share, with the target to raise approximately…
MDA prepares for IPO
Canada’s MDA, the satellite builder formerly known as MacDonald, Dettwiler & Assoc – but perhaps better known as the builders of the Space Shuttle’s sophisticated ‘Canadarm’ robotic crane and still…
Virgin Orbit to mount IPO
Richard Branson’s Virgin Orbit company has reportedly hired bankers in preparation for an Initial Public Offering. Virgin Orbit will use a Special Purpose Acquisition Company (SPAC) as its first step…
SpaceX plans Starlink IPO
Elon Musk, in one of his regular Tweets, stated that an Initial Public Offering for the Starlink broadband-by-satellite system was on the cards “once we can predict cash flow reasonably…
China Satellite wants to raise $500m in IPO
China Satellite Communications (CSC), a subsidiary of China Aerospace Science & Technology, says it will sell shares to a group of investors totalling some 3.3 billion Yuan (about $506 million).…