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SoftBank-backed Oyo to reduce planned IPO by two-thirds amid tech headwinds - RollingNotes' News

IPOs/FPOs

SoftBank-backed Oyo to reduce planned IPO by two-thirds amid tech headwinds

In the filing, Oyo will outline plans to sell just a third of the new shares it originally planned, eroding the amount of fresh capital it is expected to receive.

Mar 27, 2023 - 17:00

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SoftBank-backed Oyo to reduce planned IPO by two-thirds amid tech headwinds

In the filing, Oyo will outline plans to sell just a third of the new shares it originally planned, eroding the amount of fresh capital it is expected to receive.