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FirstCry readies filing for $500-mn IPO
short by Harsh / on Tuesday, 19 December, 2023
FirstCry, registered as BrainBees Solutions, plans to submit IPO papers next week. The $500-million issue will include a primary capital raise (40%) and a secondary share sale (60%) by existing investors. The company, which sells products for kids, is eyeing a valuation of $4 billion. It has sold shares to multiple family offices at a valuation of $2.8 billion.
read more at The Arc