Loading...
Market
Which stock exchange will Wiz choose for its IPO?
3
Resolution / Starting Odds
NYSE • 25%
LSE • 25%
NASDAQ • 25%
Tel Aviv Stock Exchange • 25%
Other • 25%
Official IPO documentation and stock exchange announcements
Story
Israeli-founded Wiz Walks Away from $23 Billion Google Deal, Plans IPO
Jul 23, 2024, 03:03 AM
Cybersecurity startup Wiz, an Israeli-founded company established in 2020, has decided to walk away from a $23 billion acquisition deal with Google, opting instead to pursue an initial public offering (IPO) as initially planned. The decision was driven by concerns over potential regulatory scrutiny and investor interests. Wiz's CEO, Assaf Rappaport, communicated this decision to employees via a memo, emphasizing the company's goal to reach $1 billion in annual recurring revenue (ARR) before the IPO. The acquisition offer from Google, which is Alphabet's parent company, would have been the largest in Google's history.
View original story
Similar markets
Goldman Sachs • 25%
Morgan Stanley • 25%
JP Morgan • 25%
Other • 25%
Below $100 • 25%
$100 - $150 • 25%
$151 - $200 • 25%
Above $200 • 25%
NASDAQ • 25%
NYSE • 25%
Other US Exchange • 25%
Non-US Exchange • 25%
Binance • 25%
Kraken • 25%
Gemini • 25%
Other or None • 25%
NASDAQ • 25%
NYSE • 25%
Other US Exchange • 25%
Not Disclosed • 25%
Less than $20 billion • 25%
$20 billion to $25 billion • 25%
$25 billion to $30 billion • 25%
More than $30 billion • 25%
London Stock Exchange • 25%
Nasdaq • 25%
New York Stock Exchange • 25%
Other • 25%
Binance • 25%
Coinbase • 25%
Kraken • 25%
Gemini • 25%
Yes • 50%
No • 50%
Binance • 25%
Coinbase • 25%
Kraken • 25%
None of the above • 25%