The SEC has announced charges against the black-check firm Stable Road Acquisition Corp and Momentus, the space propulsion company it agreed to take public. The regulator said the two entities misled investors about the viability of Momentus’s technology and national securities risks surrounding its founder and former CEO, Mikhail Kokorich. The announcement will likely put a further dampening...
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The Briefing markets startups
Forget the IPO Window. Watch for More M&A
Here’s some food for thought about initial public offerings. Yesterday I asked Brex co-CEO Henrique Dubugras when he thought the IPO window would open. His fintech company, after all, is one of many that could be beating down that door. Having raised $1.5 billion in funding, Dubugras said the company has a plan to break even off its existing funding. When I ask the IPO question, I usually...
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