Clear Street Slashes U.S. IPO Size, Cuts Valuation Forecast by Roughly a Third
Clear Street reduced its planned U.S. IPO fundraising target by 65%, trimming both the number of shares offered and the expected valuation range amid heightened investor caution toward recent listings. The New York-based firm now aims to raise up to $364 million by selling 13 million shares priced between $26 and $28 each, with pricing expected lat…