SenseTime sources legal opinion suggesting limits to US sanctions ahead of planned IPO
American sanctions against SenseTime for supplying its biometric technology in support of rights abuses in Xinjiang only apply to one of…
IPO
ForgeRock raises $275M and reaches $2.8B valuation in IPO
The latest major IPO in the biometrics space with ForgeRock’s initial public offering raking in $275 million and its stock…
Will Washington-Beijing competition entice biometrics unicorns home?
Maybe China’s authoritarian government is giving ground on foreign investment in domestic companies. Or maybe market economics is again pushing…
ForgeRock aims for $1.9B valuation in US IPO
ForgeRock has recently announced it is aiming for a valuation of more than $1.9 billion in its initial public offering…
SenseTime seeks to break Chinese biometrics giants’ IPO stalemate with $2 billion offering
Chinese face biometrics giant SenseTime has filed to go public in Hong Kong, South China Morning Post reports. The company…
Biometric authentication provider abandons private money for a possible IPO
Before the pandemic and the political turmoil of Jan. 6, most U.S. tech unicorns laughed at the thought of filing…
Facial recognition unicorn gallops back to Hong Kong for prospective IPO
Yitu has set its sights on Hong Kong for an IPO, after its attempt to list in Shanghai followed an increasingly…
BIO-key biometrics and IAM revenues double year-over-year
Partnerships and PortalGuard drove BIO-key’s revenues to $992,000 in the second quarter of 2021, up 223 percent from a year…
CloudWalk accepted for potential $580M biometrics IPO on Shanghai Star Market
A race to launch a public stock offering appears to be shaping up between China’s four face biometrics unicorns, with…
Clear stock up dramatically after IPO, CEO sees biometrics extended to offices and healthcare
Clear’s stock price started above its estimated range and climbed from there on Wednesday, raising nearly $410 million for the…
