Liftoff Mobile prices IPO at $23 per share, raises $437 million

Created at 4 Jun · 00:32 UTC4 sources↑ Market-relevant4 events

IN SHORT

Liftoff Mobile priced its initial public offering at $23 per share, raising approximately $437 million. The company's shares saw a 9.1% increase in their debut trading on the Nasdaq.

Key Numbers

$437 millionamount raised in IPO

$23IPO price per share

9.1%share price increase on debut

Who's Involved

Liftoff Mobile Inc.

Company that priced its IPO and saw shares rise 9.1% on debut

Blackstone

Backer of Liftoff Mobile

Liftoff Mobile prices IPO at $23 per share, raises $437 million

Key facts

Liftoff Mobile priced its IPO at $23 per share.
The company raised $437 million in its US initial public offering.
Liftoff Mobile shares rose 9.1% in their debut.
This is Liftoff Mobile's second attempt at going public this year.

Liftoff Mobile Inc. shares climbed 9.1% in their debut after raising $437 million in a US initial public offering. This marks the company's second attempt at going public this year. The IPO was priced at $23 per share.

↳ Why This Matters

Liftoff Mobile's successful IPO and subsequent share price increase indicate positive investor sentiment towards the company and its market segment, potentially signaling a favorable environment for other tech IPOs.

FREQUENTLY ASKED

Liftoff Mobile provides performance marketing and monetization solutions for the app economy.

Liftoff Mobile priced its IPO at $23 per share.

The company raised approximately $437 million through its IPO.

Liftoff Mobile shares climbed 9.1% in their debut trading.

What Happens Next

Liftoff Mobile prices IPO at $23 per share, raises $437 million

PiQ Daily

Key facts

Liftoff Mobile prices IPO at $23 per share, raises $437 million

PiQ Daily

Key facts

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