The Reddit and Astera Labs IPOs past 7 days ate up a large amount of media oxygen. And with very good reason, the two tech IPOs priced nicely and traded with even far more gusto. Right after a extended dearth for technological know-how offerings, seeing two massive, multi-billion dollar choices in the identical week was component of a a lot-necessary earn for personal-sector tech businesses, and sigh of reduction for the same.
But there was yet another presenting previous week that has a tech-angle to it: Trump Media and Technology Group, which is the organization driving Truth Social. Much more from TechCrunch here, but the gist is that just after a great deal again-and-forth, it merged with its chosen SPAC and started out to trade.
It has an uphill journey forward of it monetarily, but the actuality that we saw two huge debuts previous week and one particular other public-current market transaction implies that the IPO window is back, appropriate?
