MeridianLink shares plunge as secondary offering triggers investor concerns

MeridianLink shares plunge as secondary offering triggers investor concerns

In a startling move that sent shockwaves through the stock market, MeridianLink, a leading software provider for financial institutions, saw its shares plummet by 5% following the announcement of a secondary public offering. Investors reacted swiftly to the news that 6 million shares would be sold by existing stakeholders, particularly funds managed by private equity […]

National Bank TRUST to sell 1.18 trillion shares of VTB Bank

National Bank TRUST to sell 1.18 trillion shares of VTB Bank

National Bank TRUST, a Russian financial institution, has revealed plans to sell up to nearly 1.18 trillion existing ordinary shares of Russia-based VTB Bank via an accelerated bookbuild. The transaction will be executed by Citigroup Global Markets, J.P. Morgan Securities, and VTB Capital, who are acting as joint global coordinators and joint bookrunners. According to […]