Tourism expansion is the intended use of proceeds from a roughly $115 million IPO planned in Reykjavik for November.
The company operates the Blue Lagoon geothermal spa.
Investing
Proceeds are intended to finance tourism expansion.

Tourism expansion is the intended use of proceeds from a roughly $115 million IPO planned in Reykjavik for November.
The company operates the Blue Lagoon geothermal spa.
Vedant Poly Fabs is the only issuer listed with an offer opening Nov. 2; the calendars count five mainboard and eight SME listings.
SK hynix cited market conditions, while South Korea’s framework requires boards to assess shareholder effects when controlled, unlisted subsidiaries seek foreign listings. The company did not say the rules prompted its decision.
Anthropic filed to sell Class A common stock under proposed ticker ANT, but has not disclosed an offering size or price range.