Rights Offerings Explained: Subscription Ratios and TERP Math
Learn how rights offerings work, how subscription ratios and theoretical ex-rights price (TERP) protect shareholder value, and the cost of expiring unexercised.
equity capital markets
AI Mega-IPOs: OpenAI, Anthropic, and xAI Eye 2026 Listings
OpenAI, Anthropic, and xAI are all signaling public market debuts in 2026. Here’s what the mega-IPO wave means for equity capital markets and investors.