The Reddit and Astera Labs IPOs final week ate up lots of media oxygen. And with good motive, the 2 tech IPOs priced effectively and traded with much more gusto. After a protracted dearth for know-how choices, seeing two massive, multibillion-dollar choices in the identical week was a part of a much-needed win for private-market tech corporations, and sigh of aid for a similar.
However there was one other providing final week that has a tech angle to it: Trump Media and Know-how Group, which is the company behind Truth Social. Extra from TechCrunch here, however the gist is that after a lot back-and-forth, it merged with its chosen SPAC and began to commerce.
It has an uphill journey forward of it financially, however the truth that we noticed two large debuts final week and one different public-market transaction implies that the IPO window is again, proper?
