Articles tagged “nasdaq”

Another travel startup that debuted in a SPAC has had its comeuppance.

This is another proof point that much of the SPAC trend of a few years ago was a dud.

Sonder's second notice of potential delisting is for a different reason than the first notice a year earlier. Neither, though, is a good look for the struggling company.

Just more than a month after luxury hospitality brand Inspirato executed a reverse stock split to meet Nasdaq listing requirements, the company said Friday it received a Nasdaq notice on…

Like Sonder, Vacasa is another example of a company that went public way too early via a special purpose acquisition company, or SPAC, merger.

That Sonder's business has been struggling is not news, but a potential delisting of the stock could be a warning sign for other struggling companies in the industry that went public prematurely.

Just days after news of Oyo's hoped-for initial public offering, Yatra is confident of getting listed in the Indian bourses by March 2023. If soaring travel demand in India is the new norm, then travel businesses have a lot to cheer about.

A listing on the Indian bourses for Nasdaq-listed Yatra would also help the online travel agency to partner with companies who may not have been comfortable with an overseas structure.

Unlike Airbnb and Vrbo, which have struggled at times to attract ample numbers of hosts to meet demand, Inspirato and its subscription model play in a more focused space. Although there is plenty of competition, there are tons of potential home leases to lay siege for around the world where the monied set want to jet and play.