Ledger IPO Odds Ease Following CEO’s “No Urgent Plans” Comments
· flowframe Pulse
The market dipped 3.5% after CEO Pascal Gauthier clarified that Ledger has no immediate timeline for a public listing, despite recent reports of a $4 billion NYSE target. Instead, the company recently prioritized a $50 million secondary equity sale to provide liquidity to early investors, signaling a preference for remaining private in the near term.
45¢ → 42¢ • Vol: $0.5M