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Broker Clear Street Delays US IPO Citing Market Conditions

Broker Clear Street Delays US IPO Citing Market Conditions

新浪财经新浪财经2026/02/12 23:26
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By:新浪财经

Wall Street brokerage Clear Street Group Inc., founded on cloud computing technology, has postponed its U.S. initial public offering (IPO) after cutting its IPO target size by nearly two-thirds. A company spokesperson stated that the decision was based on market conditions. On Thursday, Clear Street lowered the offering size to 13 million shares with a price range of $26 to $28 per share; previously, the company planned to offer 23.8 million shares, priced at $40 to $44 each. Documents show that the group had intended to subscribe for up to $200 million worth of the company's IPO shares. Over the past week, the U.S. IPO market has been impacted: fintech company AGI Inc. significantly reduced its listing size before pricing, while ad tech company Liftoff Mobile Inc. announced the postponement of its IPO just hours before pricing.

Editor: Wang Yongsheng

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