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Thu, 14th Mar 2024 08:42
(Sharecast News) - Wise slid on Thursday after shareholder Valar Velocity Fund 1 placed 4m class A shares in the fintech firm via Morgan Stanley.
According to Bloomberg, the shares were placed at 897p each, which is a 1.52% discount to the last close.
At 0930 GMT, Wise shares were down 3.4% at 880.20p.
Valar Ventures is a venture capital firm backed by Peter Thiel. It was one of Wise's early-stage backers.
UK earnings, trading statements calendar - next 7 days
Read moreDIRECTOR DEALINGS: Wise Chair Hinrikus sells GBP81.5 million worth
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Read more(Sharecast News) - Money transfer firm Wise said on Tuesday that quarterly revenues had grown on the back of increased customer levels throughout the period.
Read moreUK earnings, trading statements calendar - next 7 days
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Read more(Sharecast News) - Money transfer specialist Wise has filed with America's stock market regulator for approval of American Depositary Receipts in its shares in the US.
Read moreWise to tap US investor demand with American Depositary Receipt offer
Read more(Sharecast News) - Fintech Wise said trading was in line with expectations on Tuesday, as it provided its first update as a public company.
Read moreWise starts well, expects mid-20s percentage revenue rise in full year
Read moreUK earnings, trading statements calendar - next 7 days
Read moreLONDON MARKET MIDDAY: FTSE dives 140 points as recovery jitters return
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