Rippling in Funding Talks at More Than $13 Billion Valuation [Yahoo! Finance]
First Citizens BancShares, Inc. - Class A (FCNCA)
US:NASDAQ Investor Relations:
firstcitizens.com/about/who-we-are/annual-report
Company Research
Source: Yahoo! Finance
(Bloomberg) -- Business software startup Rippling is in talks to raise new funding at a valuation of between $13 billion and $14 billion, according to people familiar with the discussions. Most Read from Bloomberg US Yields Spike as Hawkish Powell Puts 5% in Play: Markets Wrap China Tells Iran Cooperation Will Last After Attack on Israel Beyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROI IMF Steps Up Its Warning to US Over Spending and Ballooning Debt What If Fed Rate Hikes Are Actually Sparking US Economic Boom? The company plans to raise about $500 million in the deal, said one of the people, who asked not to be identified because the information is private. A representative for Rippling said the information wasn't accurate, but declined to provide further comment. The talks with investors are ongoing, with plans to finalize terms within a few weeks, one of the people said. The discussions are still fluid and the numbers could change.
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FCNCA
Earnings
- 4/25/24 - Beat
FCNCA
Sec Filings
- 4/26/24 - Form 144
- 4/25/24 - Form 8-K
- 4/8/24 - Form PX14A6G
- FCNCA's page on the SEC website