January 27, 2022

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All Articles

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By Lizzy Lawrence,

WeWork’s merger with a Silicon Valley SPAC went through on Tuesday, closing the loop on a chaotic two-year journey to become a publicly-traded company.

Investors in BowX, the special acquisition company helping WeWork go public, voted to officially merge with WeWork on Tuesday. The company’s shares will start trading Thursday, according to the Silicon Valley Business Journal, likely under the “WE” ticker symbol. BowX said WeWork will get about $1.3 billion in cash from the deal, and it values the company at a total of about $9 billion, according to WeWork’s announcement from March 2021.

The WeWork that’s going public is a far cry from the high-flying company of a few years ago. WeWork filed...

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By Christine Hall,

Shares of Marqeta, an Oakland-based modern card issuing platform, popped on the first day of trading Wednesday, closing at $30.52 per share, up 13 percent from opening...

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By Sophia Kunthara,

Shares of data streaming platform Confluent closed at $45.02 on Thursday, or 25 percent above their IPO price on their first day of trading.

The Mountain...

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