1Komma5 Grad Postpones U.S. IPO Due to Trade Concerns
11 April 2025 路 Uncategorized 路
Source: 路 https://finance.technews.tw/2025/04/10/1komma5-grad-postpones-us-ipo-plan/
President Donald Trump's unpredictable policies have destabilized global markets, exemplified by the abrupt suspension of planned reciprocal tariffs on April 9th. As a result, German tech unicorn company 1Komma5 Grad is reassessing its plans for an initial public offering (IPO) in the US due to increased market volatility.
Reuters reported that the German technology startup had initially intended to list on NASDAQ but postponed this plan amid uncertainty surrounding tariffs. On April 9th, CEO Philipp Schroeder confirmed the delay and stated that they would closely monitor market conditions before announcing new dates for their IPO.
Established in Germany in 2021, 1Komma5 Grad integrates artificial intelligence (AI) technology into solar power generation to create more efficient systems; it has already achieved a valuation exceeding $1 billion. The trade tensions initiated by Trump are causing broader ripple effects across the market, including postponements of other IPOs such as that of Swedish buy-now-pay-later company Klarna.
Reuters reported that the German technology startup had initially intended to list on NASDAQ but postponed this plan amid uncertainty surrounding tariffs. On April 9th, CEO Philipp Schroeder confirmed the delay and stated that they would closely monitor market conditions before announcing new dates for their IPO.
Established in Germany in 2021, 1Komma5 Grad integrates artificial intelligence (AI) technology into solar power generation to create more efficient systems; it has already achieved a valuation exceeding $1 billion. The trade tensions initiated by Trump are causing broader ripple effects across the market, including postponements of other IPOs such as that of Swedish buy-now-pay-later company Klarna.