All articles tagged with #pre ipo
An investigative piece exposes a murky private-share market where investors trade pre-IPO stakes in SpaceX and OpenAI via brokers and online platforms. Deals often come with opaque valuations, limited liquidity, and regulatory gray areas, raising risks of illiquidity, misrepresentation and scams; buyers should beware that these shares may never become publicly tradable.
The Defense Department invested $1 billion in L3Harris via convertible preferred securities that will convert into common stock in an IPO planned for the second half of 2026, creating a majority-owned missile-solutions unit with the government as an anchor investor but no board seats. The move aims to expand U.S. missile capacity, and L3Harris stock rose toward record closes amid a broader defense-focused rally, though congressional approval could be required for the government stake.
Reddit is set to begin its pre-IPO roadshow next week, as the company gears up for its highly anticipated public offering. This move comes as Reddit seeks to generate interest and attract potential investors ahead of its stock market debut.