Reddit prices IPO at top of indicated range to raise $748 million

Excluding the shares sold by existing shareholders, Reddit raised gross proceeds of $519.4 million ... its bankers were guiding they could price the IPO at the top of the indicated range or above. Read More

AI Infrastructure Firm Astera Labs Prices IPO Above Target to Raise $713 Million

(Bloomberg) -- Astera Labs Inc. and its investors raised $713 million in the semiconductor connectivity company’s initial public offering, pricing the shares above a marketed range that had ... Read More

Technology News

The government and Google are making their closing arguments in a high-stakes antitrust trial to a federal judge in Washington who must now decide whether the tech giant’s search engine ... Read More

Ibotta IPO Reportedly Raises $577 Million—Above Marketed Range

Ibotta and shareholders sold 6.56 million shares for $88 each, Bloomberg reported, exceeding the company’s estimated IPO price ... increased the size of its offering from around 5.6 million ... Read More

Walmart-Backed Ibotta, Holders Raise $577 Million in IPO Priced Above Range

and a group of shareholders raised about $577.3 million in an initial public offering priced above a marketed range. Most Read from Bloomberg Dubai Grinds to Standstill as Cloud Seeding Worsens ... Read More

Airbnb Reportedly to Price Above Increased IPO Range

Airbnb will price its initial public offering shares above its recently increased target ... raised the price range of its IPO to between $56 and $60 a share. The company said it has lost $697 ... Read More

Duck Creek Stock Spikes in Debut After IPO Prices Above Range

Duck Creek shares ... above its estimated range. The Boston company priced 15 million shares at $27, raising $405 million. The IPO had been estimated to range $19 to $21 a share, which later was ... Read More

Ibotta’s stock soars 27% in trading debut after IPO priced a full $4 above price range

The stock of Ibotta, a digital marketing platform backed by Walmart Inc., soared 27% in its trading debut on Thursday, after the deal priced at $88, a full $4 above its proposed price range. Read More

Ibotta’s IPO opens sharply higher, hinting at warming public-market interest in tech shares

Ibotta began it’s path as a public company on Thursday by opening at $117 per share, a big increase from its IPO price of $88, itself an increase from its proposed range of $76 to $84 per share. The ... Read More

Digital marketer Ibotta prices shares higher than expected, raises $577M in public debut as IPO market heats up

Ibotta, the digital marketing company backed by Walmart, ended up raising $577.3 million, after its IPO priced $4 above its target price range. Ibotta on Wednesday sold about 6.6 million shares at ... Read More