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Figure (FIGR) Launches on Nasdaq with $787M IPO Following Circle’s Achievement

Figure (FIGR) Launches on Nasdaq with $787M IPO Following Circle’s Achievement

Figure Technology (FIGR) is set to start trading on Nasdaq today under the ticker “Figr.” This follows a successful US Early Public Offer (IPO) that raised around $787.5 million just yesterday. The timing coincides with the debut of Circle Internet (CRCL), another player in the Stablecoin space, which seems to have added to the excitement […]

Stocks Increase and Treasury Yields Drop as Jobs Report Strengthens Rate-Cut Hopes; S&P 500, Dow, and Nasdaq Reach All-Time Highs.

Stocks Increase and Treasury Yields Drop as Jobs Report Strengthens Rate-Cut Hopes; S&P 500, Dow, and Nasdaq Reach All-Time Highs.

Employment reports indicate ongoing labor market decline 24 minutes ago The US economy experienced an addition of just 22,000 jobs in August, a significant drop from July’s figure of 79,000, according to the Bureau of Labor Statistics. This number came in below the anticipated 75,000 jobs projected by many economists. Additionally, the unemployment rate edged […]

Nasdaq Updates Listing Regulations for Smaller IPOs and Chinese Companies

Nasdaq Updates Listing Regulations for Smaller IPOs and Chinese Companies

NASDAQ Updates Rules for Small IPOs (Bloomberg) – NASDAQ Inc. is making significant changes to the regulations that companies looking to engage in small initial public offerings must follow to list and remain on exchanges. According to a statement released on Wednesday, exchange operators are suggesting a new set of standards that small businesses listed […]

Gryphon gives green light to reverse merger with American Bitcoin, Nasdaq symbol ABTC

Gryphon gives green light to reverse merger with American Bitcoin, Nasdaq symbol ABTC

Griffon Digital Mining Completes Merger with American Bitcoin Griffon Digital Mining, a Bitcoin mining company located in Las Vegas, Nevada, has secured final shareholder approval to merge with American Bitcoin, which is linked to the Trump family. This approval was confirmed on Wednesday During that meeting, shareholders voted in favor of merging shares, and an […]