July 24, 2024

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All Articles

Steinway & Sons Unveils Spirio R With Jon Batiste Performance In New York

By Val Kennedy,

Legendary piano maker Steinway Musical Instruments (STWY) has filed to hold an initial public offering.

The musical instruments manufacturer didn’t disclose the size and pricing of the deal in its filing. Shares will be offered by existing stockholders and Steinway will not receive any of the proceeds.

Steinway plans to list its shares on NYSE under the symbol STWY. Goldman Sachs, BofA Securities and Barclays are serving as lead bookrunners on the deal.

The offering will mark Steinway’s second turn as a public company.

Steinway held its first IPO in 1996 and remained listed until it was bought by Paulson & Co. in 2013 for $40 per share.

For 2021, Steinway reported net income of...


By Renaissance Capital,

PowerUp Acquisition, a blank check company targeting media and entertainment businesses, raised the proposed deal size for its upcoming IPO on Monday.

The New York...

Large yellow signboard on metal frame with the word IPO

By Val Kennedy,

Insulin pump developer Modular Medical (NASDAQ:MODD) raised $15M but saw its shares open below its offering price after uplisting its stock to the Nasdaq from the...

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