SoftBank-Backed Travel App Klook Technology Files for US IPO

Travel and leisure booking platform Klook Technology Ltd. has filed for an initial public offering in New York, as signs emerged of a potential resolution to the US government shutdown that could speed new listings.

The company, backed by investors such as SoftBank Group Corp. and Goldman Sachs Group Inc., filed the paperwork to list on the New York Stock Exchange with the US Securities and Exchange Commission on Monday. Klook, which is based in Hong Kong and Singapore, is seeking to raise $300 million to $500 million via the IPO, people familiar with the matter have said. ...