~$600M

The NYC token, launched by former New York City Mayor Eric Adams on January 12, saw its market cap drop from ~$600M to ~$110M, after USDC liquidity manipulation

Chinese chipmaker GigaDevice's stock rose 54% in its Hong Kong debut after raising ~$600M in its IPO, and reported H1 2025 profit of ~$84M, up 14% from H2 2024

GigaDevice Semiconductor Inc. shares rose in its Hong Kong debut, underscoring growing investor interest in Chinese stocks related to artificial intelligence.

Filing: Chinese chipmaker GigaDevice aims to raise up to ~$600M in a Hong Kong IPO, offering 28.9M shares at up to ~$21 each

Nichiket Sunil / Reuters :

Source: HR software company Gusto paid ~$600M to acquire Guideline, which offers 401(k) plans to SMBs; Guideline raised $340M and had a $1.15B valuation in 2021

Last month, Gusto, a payroll and HR software company, announced that it agreed to acquire Guideline, a startup offering retirement plans to small and medium businesses.

Sources: Groq is set to raise ~$600M in a funding round led by Disruptive, which committed more than $300M to the deal that would give Groq a ~$6B valuation

Lizette Chapman / Bloomberg :

Sources: investors in US chipmaker Wolfspeed offered ~$600M to refinance a large convertible bond coming due in 2026, to pre-empt a potential bankruptcy filing

Sujeet Indap / Financial Times :

Sources: Chinese social e-commerce app Xiaohongshu had $200M in net profit on $1B+ revenue in Q1 2024, up from $40M in net profit on ~$600M revenue in Q1 2023

https://www.ft.com/...

Sources: Chinese social e-commerce app Xiaohongshu had $200M in net profit on $1B+ revenue in Q1 2024, up from $40M in net profit on ~$600M revenue in Q1 2023

Eleanor Olcott / Financial Times :

Sources: French AI startup Mistral AI is nearing a deal to raise ~$600M at a $6B valuation, after raising $500M at a $2B+ valuation in December 2023

Wall Street Journal :

Digital marketing software company Ibotta closes up 17% at $103.25 per share in its trading debut, after raising ~$577.3M in an IPO priced above marketed range

Above Marketed Range X: Katie Roof / @katie_roof : Ibotta closed up 17% today, following Reddit and Instacart as only the 3rd internet IPO since 2021 Hans Tung / @hanstung : 1/ Congrats to @bryan_leac...