Canal+ Polska has scrapped its planned IPO citing volatile conditions in financial markets. The company said it would not apply for the admission of its shares for trading on the Warsaw Stock Exchange (WSE), a parallel market operated by the WSE, or any other market on the basis of the approved prospectus. “The decision is […]
Canal+ Polska has released details of its proposed IPO which were approved by the Polish financial regulator (KNF). It will offer 21.6 million shares (and no more than 49 per cent of the company’s share capital) and which will come from (Discovery-owned) TVN Media (14.1 million shares, or 32 per cent of the company) and […]
fuboTV, the sports-first live TV streaming platform, has announced the closing of its previously announced public offering of 18,300,000 shares of its common stock at the public offering price of $10 per share pursuant to an effective Registration Statement on Form S-1 filed with the US Securities and Exchange Commission (SEC). fuboTV said it received […]
fuboTV, the US sports-first live TV streaming platform, has announced the upsize and pricing of an underwritten public offering. The size of the offering has been increased from the previously announced 15,000,000 shares to 18,300,000 shares of common stock at a price to the public of $10.00 per share. In connection with the offering, fuboTV’s […]
fuboTV, sports-focused live TV streaming platform, has announced the launch of its public offering of 15,000,000 shares of common stock. The offering consists of 15,000,000 shares of common stock offered by fuboTV. The underwriters will have a 30-day option to buy an additional 2,250,000 shares of common stock from fuboTV at the public offering price, […]
DAZN Group, the sports subscription and distribution company, is looking to raise new investment of as much as $1 billion. It is reportedly consulting advisors on options including selling assets and an IPO. This is not the first time that the media company has sought investment. Fund raising efforts for $500 million were first reported […]
India’s Space Research Organisation (ISRO) will not be privatised according to its Chairman, K Sivan. India is reforming its space sector and there had been suggestions that one aspect could mean privatising ISRO. ISRO already has a commercial arm that handles many of its responsibilities especially the rental of capacity on many of India’s satellites. […]
CuriosityStream Inc and Software Acquisition Group, a public special purpose acquisition company, (SPAC), which raised $150 million in November of 2019, announced that they are merging to turn Curiosity Stream into a NASDAQ company. The announcement was made by John Hendricks, Chairman of CuriosityStream, and Jonathan Huberman, Chairman of Software Acquisition Group. The combined company […]
FaceBank Group has filed a registration statement on Form S-1 with the US Securities and Exchange Commission (SEC) relating to a proposed follow-on public offering of its common stock. The offering is subject to market conditions, and there can be no assurance as to whether, or when, the offering may be completed or as to […]
UK senior civil servants have formally warned the government that its commitment to put $500 million into a joint venture with Bharti Global to buy bankrupt satellite operator OneWeb has a high risk of losing all the investment. OneWeb is currently totally unprofitable and it is likely to need considerable further investments for satellite building […]