Sweden's Klarna Moves Towards Long-Awaited US IPO With Confidential Filing
Klarna and Northvolt, another Swedish company, were expected to follow suit. But Northvolt has put its IPO plans in cold storage as it has been scrambling to secure the funding it needs to stay afloat. Siemiatkowski had in August hinted at a potential IPO next year, saying it "sounds reasonable," but cautioned that no definite commitment was made.