WELLSTON JOURNAL – Nov 27 – Kunlun Tech, the Chinese company behind gay dating app says it will revive IPO plan after a U.S. national security panel dropped its opposition to the plan. Kunlun's efforts to sell Grindr outright were continuing even as the IPO preparations were relaunched. The IPO process becomes official when a company files a form S-1 with the Securities and Exchange Commission to register their securities with the agency. At this point, the company has already secured a banker, such as Goldman Sachs, Morgan Stanley, to underwrite their IPO.
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