German tech startup 1Komma5 joins Klarna in shelving US IPO plans

From Yahoo Finance: 2025-04-09 08:49:00

German unicorn 1Komma5 Grad and Swedish fintech Klarna have delayed their U.S. IPO plans due to President Trump’s policies causing market turmoil. Klarna’s potential $15 billion valuation on hold, as volatility makes U.S. markets less appealing. Other European tech firms may seek alternative listing venues amidst uncertainty. London Stock Exchange warns of challenges for non-U.S. companies in S&P 500.

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