The modern-furniture e-commerce retailer had been planning to file a prospectus with the U.S. Securities and Exchange Commission in January, but decided to postpone until March amid the recent tech stock selloff, a source said. (The Globe and Mail)
Skip to content
The modern-furniture e-commerce retailer had been planning to file a prospectus with the U.S. Securities and Exchange Commission in January, but decided to postpone until March amid the recent tech stock selloff, a source said. (The Globe and Mail)
Talking point: The tech-heavy Nasdaq Composite Index recorded its worst day in 11 months last week and posted its fifth consecutive decline Monday, briefly falling into correction territory. Article had been wanting to raise about US$200 million in what would be mostly a secondary offering to allow investors and option holders to cash in. Several tech firms paused their IPO plans last year in choppy public markets for the industry. In November, Montreal-based Sharethrough cited “adverse and challenging current market conditions” when it decided to wait, and Vancouver’s Hootsuite reportedly did the same.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
Trade talks go into final hours with new U.S. tariffs set to hit Canada
Briefing
Clearco taps Macquarie for US$100M in financing to back its rebound
Canadian foodtech startups rely on foreign investors to fuel growth
Alberta regulator rejects Olds power plant for data centre
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
