MOOV

Moove Lubricants Holdings
MOOV

Delisted

MOOV was delisted on the 10th of October, 2024.

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Financial journalist opinion

U.S. IPO Weekly Recap: Standard Aero Soars In 7-IPO Week, While Big Tech Names Join Pipeline

Seven IPOs debuted in the US this past week, raising a combined $1.8 billion. Six companies submitted initial filings this past week, most notably Ingram Micro and Cerebras Systems. As many as six companies are expected to price their IPOs in the upcoming week, including two large deals.

U.S. IPO Weekly Recap: Standard Aero Soars In 7-IPO Week, While Big Tech Names Join Pipeline

Moove Lubricants Begins U.S. IPO Move

Moove Lubricants Holdings plans to raise $100 million in an IPO, despite recent uneven financial results and volatile business conditions in Brazil. The company has a strategic alliance with Exxon Mobil and a capital-light business model, but faces significant legal and financial risks. Moove's financials show declining revenue but increasing gross profit and operating margins, with afree cash flow of $110.9 million for the year ending June 30, 2024.

Moove Lubricants Begins U.S. IPO Move

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