Comment / Flexport – (nicely) exposed

ID 104678 © Susan Quinland Stringer | Dreamstime.com

“When Flexport goes knocking on doors to lure investors for new funding – base case: Q1 24 – if it ever reaches the public markets (mind the Goldman Sachs US IPO Barometer: ’The IPO Market Lives!’), you may be forgiven for thinking…” etc etc etc – Loadstar Premium, 19 September 2023.

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Here we go.

There was “news” on Record Friday, 19 January, from Flexport.

Risk-on appeal: new money? 

The freight forwarder from San Francisco disclosed the raising of $260m from $103bn-market-cap, Ottawa-based Shopify.

It was ...