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AGBK News
AGBK Events
Agibank Launches Agi+ Subscription Service
Agibank announced the launch of Agi+, a strategic milestone in its journey to become a "subscription bank." The new platform extends the customer relationship beyond traditional credit and financial transactions, offering recurring services tailored to daily needs. For the bank, this product introduces a new growth pillar supported by enhanced customer engagement, higher retention and expanded cross-selling opportunities, and with the potential to generate recurring revenue. Agibank is a subsidiary of Agi. With over 7 million active clients, Agibank aims to leverage its scale and deep customer insights to offer services that complement its core financial portfolio. Currently, active clients hold an average of five products with the bank. Among clients who consider Agibank their primary bank and have been with the institution for over a year, this figure exceeds seven products, highlighting significant potential for deeper engagement and long-term value generation. Agi+ bundles health and dental benefits, home and pet assistance, mobile phone services, elderly care, and shopping discounts into a single monthly fee. With plans ranging from R$ 39.90 to R$ 59.90, the subscription is designed to offer convenience, predictability, and cost savings to middle- and low-income demographics, while increasing Agibank's presence in the daily lives of its customers. With the R$ 39.90 plan, customers can save up to R$ 1,500 per year-an amount equivalent to approximately three times the total annual cost of the subscription, depending on benefit utilization. The product is not positioned as a debt-relief solution, but rather as a tool to help families mitigate the impact of everyday life and unexpected expenses on their household budgets.
Agi, Inc. Reports Strong First Quarter Results
"We entered 2026 from a position of strength, and I am pleased to report first-quarter results that reflect disciplined execution and a steadfast focus on long-term value creation," said Marciano Testa, Founder, Chairman and CEO of Agi, Inc.
Honeywell Files Registration Statement for Aerospace Spinoff Planned in 2026
Honeywell filed its Form 10 registration statement with the U.S. Securities and Exchange Commission for the planned spinoff of Honeywell Aerospace, which is slated to begin trading on the Nasdaq under the ticker "HONA" in Q3 of 2026. Meanwhile, MiniMed opened at $19.05 after pricing its 28M‑share initial public offering at $20, below its targeted $25–$28 range.LATEST IPOS AND DIRECT LISTINGS:MiniMedopened on March 6 at $19.05. The diabetes business subsidiary of Medtronicpriced its initial public offering of 28M shares of its common stock at $20.00, below the target range of $25.00-$28.00.Robinhood Ventures Fund Iopened on March 6 at $22 after pricing its initial public offering of 12,615,608 common shares of beneficial interest at an initial public offering price of $25.00 per share. RVI is a closed-end fund from Robinhoodthat provides retail investors exposure to a concentrated portfolio of private companies.PERFORMANCE:Prices as of 10 am ET on Monday, March 9 -MiniMed – up almost 3% at $18.98;Robinhood Ventures Fund I – up 2% at $21.45.RECENT IPOS TO WATCH:ARKO Petroleum, Solv Energy, AGIare already seeing coverage roll out, while Jaguar Uraniumis among stocks that could see new coverage this week as the quiet periods for banks that underwrote the companies' IPOs expire.UPCOMING IPOS:Upcoming IPO and direct listings expected include Studend Living EduVation, Liftoff, Cerebras Systems, PayPay, and OpenAI.Clickto see upcoming IPO calendar on TipRanks.Student Living EduVation -The companyfiled with the SEC for an initial public offering of 3.75M ordinary shares. The company stated, "We are offering 3,750,000 Ordinary Shares on a firm commitment basis. We anticipate that Offering price of the Ordinary Shares will be between $4.00 and $6.00 per Ordinary Share. The Resale Shareholders are also offering 5,880,000 Ordinary Shares to be sold pursuant to the Resale Prospectus. We are registering the Resale Shares pursuant to the Registration Rights Agreements we entered into with the Six Pre-IPO Investors on September 19, 2025... We will not receive any of the proceeds from the sale of the Ordinary Shares by the Resale Shareholders. Prior to this Offering, there has been no public market for our Ordinary Shares. We intend to apply to list our Ordinary Shares on the Nasdaq Capital Market under the symbol 'SDLV'... We are a Cayman Islands exempted company with limited liability with a principal place of business in Hong Kong through our wholly-owned subsidiary, Student Living Culture Technology Limited. We are a student living and referral of education advisory services provider operating under the "Student Living" brand in Hong Kong. Our mission is to transform student dormitories into incubators for learning, collaboration, and self-discovery, as well as fostering an ecosystem that nurtures future global talent, providing more than just a place to live."Liftoff Mobile announced that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of its common stock. The total number of shares to be offered and the price range for the proposed offering have not yet been determined. The offering is subject to market and other conditions and the completion of the SEC's review process.Cerebras Systems– The company has filed confidentially for a U.S. initial public offering, The Information's Valida Pau and Katie Roof. The re-filing comes after a major sales pact with OpenAI, the authors note.PayPay Corporation- The company filed for an initial public offering of American depositary shares, or ADSs, and has applied to list the ADSs on the Nasdaq Global Select Market under the symbol "PAYP." The prospects filed with the SEC states, "As Japan's leading financial technology company, we are dedicated to our goal of becoming a digital finance platform for all... We launched this service in October 2018 and it rapidly expanded to become a nation-wide leading cashless payments ecosystem that had approximately 72 million PayPay registered users as of December 31, 2025, representing a penetration of 75% among 96 million smartphone users in Japan. With the acquisition of PayPay Card Corporation in October 2022, our platform evolved to a next-generation payments ecosystem, seamlessly integrating our code-based payment and credit card payment services through our PayPay app."OpenAI- The is accelerating its plans for a public listing as rivalry with Anthropic intensifies, now planning on listing in Q4 of this year, Berber Jin, Corrie Driebusch, and Kate Clark of The Wall Street Journal. OpenAI is holding discussions with Wall Street banks about a potential initial public offering and has hired several executives to oversee its finance team, sources told the Journal.SpaceX- Elon Musk is targeting mid-June for the timing of SpaceX's initial public offering, IPO, Ivan Levingston, Stephen Morris, and Mercedes Ruehl of The Financial Times, citing five people familiar with the matter. The company is looking to raise $50B at a valuation of $1.5T, the sources added.OTHER IPO NEWS:Honeywellannounced the filing of its Form 10 registration statement with the U.S. SEC for the planned spinoff of Honeywell Aerospace, which will trade on the Nasdaq under the ticker "HONA." The filing represents significant milestone toward Honeywell Aerospace becoming an independent public company in the third quarter of 2026.Opening Day" is The Fly's recurring series of stories on the latest initial public offerings, their performance, and upcoming IPOs.
PayPay Files for U.S. IPO, ARKO Petroleum Debuts at $17.75
PayPay moved closer to a U.S. listing after filing for an IPO of American depositary shares and applying to list on the Nasdaq Global Select Market, while ARKO Petroleum made its public debut on Thursday, opening for trading at $17.75.LATEST IPOS AND DIRECT LISTINGS:ARKO Petroleumopened on February 12 at $17.75. The company priced 11.11M shares at $18.00. The deal size was increased from 10.5M shares and priced at the low end of the $18.00-$20.00 target range. ARKO Petroleum, a fuel distribution company, is one of the largest wholesale fuel distributors by gallons in North America, supplying customers in more than 30 states across the Mid-Atlantic, Midwestern, Northeastern, Southeastern, and Southwestern United States.Solv Energyopened on February 11 at $30. Solv Energy, a provider of infrastructure services to the power industry, priced 20.5M shares at $25.00, at the top of the $22.00-$25.00 range.AGIopened on February 11 at $11.00. AGI, a technology-powered provider of specialized financial services in Brazil, priced 20M shares at $12.00. The deal priced at the low end of the $12.00-$13.00 target range.Jaguar Uraniumopened on February 10 at $5. Jaguar Uranium, a South American uranium exploration and development company focused on uranium discoveries in Argentina and Colombia, priced its initial public offering of 6.25M Class A common shares at a price of $4.00 per share.RECENT SPAC IPOS:XFLH Capitalopened on February 12 at $9.97. The company priced its initial public offering of 10M units at an offering price of $10.00 per unit. Each unit consists of one ordinary share and one right to receive one-seventh of an ordinary share upon the consummation of an initial business combination.HCM IV Acquisitionopened on February 12 at $10.05. The company priced its initial public offering of 25M units at $10.00 per unit. Each unit consists of one Class A ordinary share and one-quarter of one redeemable warrant.D. Boral Acquisition Iopened at $10. While the company may pursue an acquisition opportunity in any business, industry, sector or geographical location, the company intends to focus on industries that complement its management team's background, and to capitalize on the ability of its management team to identify and acquire a business.Idea Acquisitionopened on February 11 at $9.94. While the company may pursue an initial business combination in any industry, sector or geographic region, it expects to target opportunities and companies that are operating in the software vertical that leverages large language models or other artificial intelligence tools.PERFORMANCE:Prices as of 11:00 am ET on Monday, February 17 -ARKO Petroleum – up almost 1% at $18.11;Solv Energy – fractionally down at $32.24;AGI – down over 1% at $10.86;Jaguar Uranium – down more than 2% at $3.25.RECENT IPOS TO WATCH:EquipmentShareand BitGoare already seeing coverage roll out as the quiet periods for banks that underwrote the companies' IPOs expire.UPCOMING IPOS:Upcoming IPO and direct listings expected include PayPay, OpenAI, Speed Group, and Lendbuzz.Clickto see upcoming IPO calendar on TipRanks.PayPay Corporationfiled for an initial public offering of American depositary shares, or ADSs, and has applied to list the ADSs on the Nasdaq Global Select Market under the symbol "PAYP." The prospects filed with the SEC states, "As Japan's leading financial technology company, we are dedicated to our goal of becoming a digital finance platform for all... We launched this service in October 2018 and it rapidly expanded to become a nation-wide leading cashless payments ecosystem that had approximately 72 million PayPay registered users as of December 31, 2025, representing a penetration of 75% among 96 million smartphone users in Japan. With the acquisition of PayPay Card Corporation in October 2022, our platform evolved to a next-generation payments ecosystem, seamlessly integrating our code-based payment and credit card payment services through our PayPay app."OpenAIis accelerating its plans for a public listing as rivalry with Anthropic intensifies, now planning on listing in Q4 of this year, Berber Jin, Corrie Driebusch, and Kate Clark of The Wall Street Journal. OpenAI is holding discussions with Wall Street banks about a potential initial public offering and has hired several executives to oversee its finance team, sources told the Journal.Elon Musk is targeting mid-June for the timing ofSpaceX's initial public offering, IPO, Ivan Levingston, Stephen Morris, and Mercedes Ruehl of The Financial Times, citing five people familiar with the matter. The company is looking to raise $50B at a valuation of $1.5T, the sources added.Speed Groupfiled a prospectus for 2.5M share initial public offering. It expects the IPO price to be in the range of $4.00 to $5.00 per. The company's operating subsidiary, Speed Logistics, is an e-commerce logistics provider providing end-to-end logistics solution in Hong Kong, Europe and North America. The services include warehousing, customs clearance, air transportation, and final delivery from the European airports. For the years ended June 30, 2024 and 2025, Speed's revenues were $17.9M and $22.64M, respectively.Lendbuzz Inc.is offering an undetermined number of shares of its common stock and the selling stockholders identified in this prospectus are offering additional shares of common stock, according to an initial public offering prospectus filed with the SEC. The company has applied to list its common stock on the Nasdaq Global Select Market under the symbol "LBZZ." The prospectus states: "Our mission is to offer fair access to credit for underserved populations. We are a financial technology company that utilizes artificial intelligence, or AI, and machine learning algorithms to better assess consumer credit risk and expand access to credit. We seamlessly process large sets of data through advanced computational approaches to more accurately predict a consumer's creditworthiness. Our business benefits both consumers through expanded access to credit, and auto dealerships via increased vehicle sales."Opening Day" is The Fly's recurring series of stories on the latest initial public offerings, their performance, and upcoming IPOs.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.


