Wow I’m expecting offer from Cruise. though I want to know is Cruise planning to do IPO anytime soon ? Or is GM stock a good value to accept offer currrently.
What role are you getting?
Why would it be anytime soon? It sounds like a year or two until the spinoff is official, and contingent on hitting goals. IPO probably depends on sound financials and maybe profit.
Caution spinoffs where the parent company maintains material control or ownership. Our company is a Dell tech subsidiary/ "spinoff" and the security largely trades in a channel with old tech growth projections. At some points cash is more attractive than equity grants.
It is different if their private stock has liquidity events per year (convert to GM). More upside less risk.
Post your offer once you have one..
No one knows. We weren't originally expecting one since GM already acquired us.
I know
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Is it even possible that a company owns by GE to go IPO itself?
Typo I assume it’s GM
Spinoff