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Is grab a record-breaking IPO?

Grab, which has a $40 billion market cap, joins an extensive list of record-breaking listings this year on Nasdaq, including the largest initial public offering (IPO), with Rivian ( RIVN ), and the largest direct listing with Coinbase ( COIN ).

Who owns 'Grab' & 'Grab'?

On Thursday, @Nasdaq welcomed Southeast Asia’s leading super app @Grab, which went public via special purpose acquisition company (SPAC) Altimeter Growth Corp. (AGC), including $4.5 billion in fundraising for Grab and becoming the largest SPAC combination outside of the U.S.

Will grab IPO list on NASDAQ?

Grab IPO Will List On Nasdaq Altimeter Growth and Grab will become fully-owned subsidiaries of a new holding company. Grab will list on the Nasdaq under ticker symbol GRAB after the deal is completed. In addition, the Grab IPO will provide the company about $4.5 billion in cash proceeds.

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