CLEAR Secure (YOU) IPO Opens 24% Higher

Today's IPO for CLEAR Secure, Inc. (NYSE: YOU) opened for trading at $38.55 after 13,200,000 shares of its Class A common stock at an initial offering price of $31.00 per share.

Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Allen & Company LLC and Wells Fargo Securities, LLC are acting as lead book-runners for the offering. LionTree Advisors LLC and Stifel, Nicolaus & Company, Incorporated are acting as passive book-runners for the offering. Telsey Advisory Group LLC, Centerview Partners LLC, Loop Capital Markets LLC and Roberts & Ryan Investments, Inc. are acting as co-managers for the offering.

With CLEAR, you are always you. CLEAR's mission is to enable frictionless and safe journeys using your identity. With more than 5.6 million members and 100+ unique locations and partners across North America, CLEAR's identity platform connects you to the cards in your wallet - transforming the way you live, work and travel. Trust and privacy are the foundation of CLEAR. We have a commitment to members being in control of their own information and never sell member data. CLEAR is at the highest level of security by U.S. government regulators and is also certified as Qualified Anti-Terrorism Technology under the SAFETY Act.

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