Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh

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Go back to Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh

Ibotta Announces Pricing of Initial Public Offering

April 17, 2024 10:00 PM EDT

DENVER, April 17, 2024 (GLOBE NEWSWIRE) -- Ibotta, Inc. (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions, announced today the pricing of its initial public offering of 6,560,700 shares of its Class A common stock, 2,500,000 of which are being sold by Ibotta and 4,060,700 of which are being sold by certain selling stockholders, at a public offering price of $88.00 per share. In connection with the offering, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 984,105 shares of Class A common stock at the initial public... More