The reason for the cancellation of the IPO of Delimobil is named
Forbes: Delimobil postponed its IPO due to low demand for securities to the stock exchange and postponed the IPO to 2022 due to low demand for securities. Forbes calls this reason for the cancellation. Referring to three sources, the publication notes that the company did not have time to close the order book. One of Forbes' interlocutors said that the company faced poor demand while collecting bids from potential IPO participants within the announced price range of $ 10-12 per share. Another source indicated that terminal value (the cost of all future cash flows of the share) is 80 percent due to the fact that Delimobil may start working in the future, but not the fact that this will happen. In general, the business model of the service raises questions among investors against the background of government influence ( the company depends on state regulation, since it receives subsidies for