Latest news with #GoldmanSachs&Co
Business Wire
27-06-2025
- Business
- Business Wire
McGraw Hill Announces Filing of Registration Statement for Proposed Initial Public Offering
COLUMBUS, Ohio--(BUSINESS WIRE)--McGraw Hill, Inc. ('McGraw Hill') today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the 'SEC') relating to the proposed initial public offering of shares of its common stock (the 'Common Stock'). The number of shares to be offered and the price range for the proposed offering have not yet been determined. 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 the actual size, price or other terms of the offering. McGraw Hill intends to list its Common Stock on the New York Stock Exchange under the ticker symbol 'MH.' Goldman Sachs & Co. LLC is acting as book-running manager for the proposed offering and as representative of the underwriters for the proposed offering. BMO Capital Markets, J.P. Morgan, Macquarie Capital, Morgan Stanley, Deutsche Bank Securities, and UBS Investment Bank, are acting as bookrunners for the proposed offering. Baird, BTIG, Needham & Company, Rothschild & Co, Stifel, and William Blair, are acting as co-managers for the proposed offering. The proposed offering will be made only by means of a prospectus. Once available, a copy of the preliminary prospectus relating to the proposed offering may be obtained from: Goldman Sachs & Co. LLC, Attn: Prospectus Department, 200 West Street, New York, NY 10282 (Tel: 866-471-2526) or by e-mail at prospectus-ny@ A registration statement relating to the Common Stock has been filed with the SEC but has not yet become effective. The Common Stock may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy the Common Stock, nor shall there be any sale of the Common Stock in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About McGraw Hill McGraw Hill is a leading global provider of education solutions for preK-12, higher education and professional learning, supporting the evolving needs of millions of educators and students around the world. We provide trusted, high-quality content and personalized learning experiences that use data, technology and learning science to help students progress towards their goals. Through our commitment to fostering a culture of innovation and belonging, we are dedicated to improving outcomes and access to education for all. We have over 30 offices across North America, Asia, Australia, Europe, the Middle East and South America, and make our learning solutions available in more than 80 languages.
Yahoo
12-06-2025
- Business
- Yahoo
Chime IPO surges 59% in NASDAQ debut
-- Today's IPO for fintech Chime (NASDAQ:CHYM) opened for trading at $43 after pricing at $27, representing a 59% jump. Shares last traded at $39.03, representing a 45% increase. The company priced 32 million shares in the offering, raising a total of $864 million for the company and selling shareholders. The company sold 25,900,765 shares, and existing shareholders sold the other 6,099,235 shares. Morgan Stanley, Goldman Sachs & Co (NYSE:GS). LLC, and J.P. Morgan led the offering. The underwriters will have the option to purchase up to an additional 4,800,000 shares. Chime, which offers unique financial products designed to help members achieve financial success, has 8.6 million active members and $121 billion in annual purchase volume. It has seen 82% active member growth since the first quarter of 2022. The company posted revenue of $1.673 billion in 2024, up from $1.278 billion in 2023. In the first quarter of 2025, revenue was $518.7 million, versus $392 million in the first quarter of 2024. Adjusted EBITDA was $25.09 million in the first quarter of this year, versus $15.44 million in the same quarter last year. Related articles Chime IPO surges 59% in NASDAQ debut AMD gains on Nvidia? Lisa Su reveals new chips in heated AI inference race Trump warns of auto tariff hikes to spur U.S. investment
Business Wire
11-06-2025
- Business
- Business Wire
Chime Announces Pricing of Initial Public Offering
SAN FRANCISCO--(BUSINESS WIRE)--Chime®, a leading consumer financial technology company, today announced the pricing of its initial public offering of 32,000,000 shares of its Class A common stock at a public offering price of $27.00 per share. The offering consists of 25,900,765 shares of Class A common stock to be sold by Chime and 6,099,235 shares of Class A common stock to be sold by existing stockholders (the "Selling Stockholders"). Chime will not receive any proceeds from the sale of shares of Class A common stock by the Selling Stockholders. The shares are expected to begin trading on the Nasdaq Global Select Market on June 12, 2025, under the ticker symbol 'CHYM.' The offering is expected to close on June 13, 2025, subject to the satisfaction of customary closing conditions. In addition, Chime has granted the underwriters a 30-day option to purchase up to an additional 4,800,000 shares of Class A common stock. Morgan Stanley, Goldman Sachs & Co. LLC and J.P. Morgan will act as lead book-running managers for the offering. Barclays will act as an additional book-running manager. Evercore ISI, UBS Investment Bank, Deutsche Bank Securities, Piper Sandler and Wolfe | Nomura Alliance will act as bookrunners. William Blair, Canaccord Genuity, Keefe, Bruyette & Woods, A Stifel Company, First Citizens Capital Securities and Texas Capital Securities will act as co-managers. A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on June 11, 2025. The offering is being made only by means of a prospectus. A copy of the final prospectus may be obtained, when available, from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014 or email: prospectus@ Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or email: prospectus-ny@ or J.P. Morgan Securities LLC, c/o. Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or email: prospectus-eq_fi@ and postsalemanualrequests@ This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Chime Chime is a financial technology company founded on the premise that core banking services should be helpful, easy, and free. Chime builds products that allow the company to succeed when its members do. That's why Chime doesn't rely on punitive fees such as overdraft, monthly service, or minimum balance fees. Member deposits are FDIC-insured through The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC, up to applicable limits. 'Wolfe | Nomura Alliance' is the marketing name used by Wolfe Research Securities and Nomura Securities International, Inc. in connection with certain equity capital markets activities conducted jointly by the firms. Both Nomura Securities International, Inc. and WR Securities, LLC are serving as underwriters in the offering described herein. In addition, WR Securities, LLC and certain of its affiliates may provide sales support services, investor feedback, investor education, and/or other independent equity research services in connection with this offering.
Yahoo
14-05-2025
- Business
- Yahoo
Waystar Announces Pricing of Public Offering of Common Stock
LEHI, Utah and LOUISVILLE, Ky., May 14, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY) ("Waystar"), a provider of leading healthcare payments software, today announced the pricing of its underwritten public offering of 12,500,000 shares of its common stock by certain investment funds of EQT AB and Bain Capital, LP, and Canada Pension Plan Investment Board (CPP Investments), and their respective affiliates (collectively, the "Selling Stockholders") at a price to the public of $38.75 per share. Additionally, the Selling Stockholders have granted the underwriters a 30-day option to purchase up to 1,875,000 additional shares of common stock. Waystar is not selling any shares and will not receive any proceeds from the sale of shares in the offering by the Selling Stockholders. The offering is expected to close on or about May 16, 2025, subject to customary closing conditions. The offering is being made through an underwriting group led by J.P. Morgan, Goldman Sachs & Co. LLC, and Barclays, who are acting as joint lead book-running managers and as representatives of the underwriters for the offering. William Blair, Evercore ISI, BofA Securities, RBC Capital Markets, Jefferies and Deutsche Bank Securities are acting as joint bookrunners for the offering. Canaccord Genuity and Raymond James are acting as co-managers for the offering. A registration statement on Form S-1, including a prospectus, relating to these securities has been filed with and declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. The offering may be made only by means of a prospectus. Copies of the preliminary prospectus may be obtained by contacting: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by email at prospectus-eq_fi@ Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, or by email at prospectus-ny@ or Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (888) 603-5847, or by email at barclaysprospectus@ Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. The words "anticipate," "assume," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "future," "will," "seek," "foreseeable," the negative version of these words, or similar terms and phrases are intended to identify forward-looking statements. The forward-looking statements contained in this press release are based on management's current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, risks and uncertainties associated with the consummation of the offering and other risks described in Waystar's registration statement on Form S-1, as it may be amended from time to time, and its Annual Report on Form 10-K for the year ended December 31, 2024 and any subsequent filings with the SEC. Except as required by law, Waystar has no obligation to update any of these forward-looking statements to conform these statements to actual results or revised expectations. About Waystar Waystar's mission-critical software is purpose-built to simplify healthcare payments so providers can prioritize patient care and optimize their financial performance. Waystar serves approximately 30,000 clients, representing over 1 million distinct providers, including 16 of 20 institutions on the U.S. News Best Hospitals list. Waystar's enterprise-grade platform annually processes over 6 billion healthcare payment transactions, including over $1.8 trillion in annual gross claims and spanning approximately 50% of U.S. patients. Waystar strives to transform healthcare payments so providers can focus on what matters most: their patients and communities. Media ContactKristin Investor ContactSandy Draperinvestors@ 502-238-9511 View original content to download multimedia: SOURCE Waystar Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
13-05-2025
- Business
- Business Wire
eToro Announces Pricing of Upsized Initial Public Offering
NEW YORK--(BUSINESS WIRE)--eToro Group Ltd. ("eToro") today announced the pricing of its upsized initial public offering ('IPO') of 11,923,018 Class A common shares, no par value (the 'Class A common shares') at a public offering price of $52.00 per share. The offering consists of 5,961,509 shares of Class A common shares to be sold by eToro and 5,961,509 shares of Class A common stock to be sold by certain existing shareholders. The shares are expected to begin trading on the Nasdaq Global Select Market on May 14, 2025, under the ticker symbol "ETOR". The offering is expected to close on May 15, 2025, subject to customary closing conditions. In addition, eToro has granted the underwriters a 30-day option to purchase up to an additional 1,788,452 Class A common shares from eToro. Goldman Sachs & Co. LLC, Jefferies, UBS Investment Bank and Citigroup are acting as lead book-running managers for the offering. Deutsche Bank Securities, BofA Securities, Cantor, Citizens Capital Markets, Keefe, Bruyette & Woods, A Stifel Company, Mizuho, and TD Securities are acting as additional book-running managers. Canaccord Genuity, Moelis & Company, Needham & Company, Rothschild & Co and Susquehanna Financial Group, LLLP are acting as co-managers. The offering is being made only by means of a prospectus. Copies of the final prospectus relating to this offering, when available, may be obtained from: Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing Prospectus-ny@ Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by phone at (877) 821-7388 or by email: Prospectus_Department@ UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019, or by email at ol-prospectus-request@ and Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Tel: 800-831-9146). A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission (the 'SEC') on May 13, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Cautionary Statement Regarding Forward-Looking Statements: This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, that are made under the 'safe harbor' provisions of The Private Securities Litigation Reform Act of 1995. In particular, statements using words such as 'expect,' 'intend,' 'plan,' 'believe,' 'aim,' 'project,' 'anticipate,' 'seek,' 'will,' 'likely,' 'assume,' 'estimate,' 'may,' 'continue,' 'guidance,' 'objective,' 'outlook,' 'trends,' 'future,' 'could,' 'would,' 'should,' 'target,' 'predict,' 'potential,' 'on track' or their negatives or variations and similar terminology and words of similar import generally involve future or forward-looking statements. Such forward-looking statements include, but are not limited to, statements relating to eToro's IPO. Forward-looking statements reflect eToro's current views, plans or expectations with respect to future events and financial performance. They are inherently subject to significant business, economic, competitive and other risks, uncertainties and contingencies. eToro's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors, including, but not limited to uncertainties related to market conditions and the SEC's review process, and other factors relating to eToro's business described in the section entitled 'Risk Factors' in the registration statement on Form F-1 filed with the SEC. The inclusion of forward-looking statements in this press release or any other communication should not be considered as a representation by eToro or any other person that current plans or expectations will be achieved. Forward-looking statements speak only as of the date on which they are made, and eToro undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as otherwise required by law. About eToro eToro is the trading and investing platform that empowers users to invest, share and learn. eToro was founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way. eToro believes there is power in shared knowledge and that we can become more successful by investing together. So eToro has created a collaborative investment community designed to provide users with the tools they need to grow their knowledge and wealth. On eToro, users can hold a range of traditional and innovative assets and choose how they invest: trade directly, invest in a portfolio, or copy other investors.
