Ledger Puts U.S. IPO on Hold Amid Unfavorable Market Conditions
Crypto wallet provider Ledger has put plans for a U.S. initial public offering on hold because of unfavorable market conditions, according to people familiar with the matter. The company has not filed a draft S-1 registration statement with the U.S. Securities and Exchange Commission and may consider alternatives including private fundraising.
Earlier reports in January said Ledger had hired Goldman Sachs, Jefferies and Barclays for a potential IPO that could have valued the company at about $4 billion.
From the sources (3 posts)
@wublockchainLedger Pauses U.S. IPO Plans Due to Market Conditions Crypto wallet provider Ledger has put its U.S. IPO plans on hold due to unfavorable market conditions. People familiar with the matter said Ledger has not filed any draft S-1 registrati
@degeneratenewsNEW: CRYPTO WALLET PROVIDER LEDGER PUTS U.S. IPO PLANS ON HOLD DUE TO MARKET CONDITIONS - PER COINDESK SOURCE:
@coindeskSCOOP: Crypto wallet provider Ledger put its plans to go public in the U.S. on hold due to unfavorable market conditions, according to sources. @willcanny99 reports.