Walmart-Backed Ibotta, Holders Raise $577 Million in IPO Priced Above Range
by Yahoo Finance
Yahoo Finance— (Bloomberg) -- Ibotta Inc., a digital marketing software firm that counts Walmart Inc. as a backer, and a group of shareholders raised about $577.3 million in an initial public offering priced above a marketed range.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingElon Wants His Money BackSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk’s $56 Billion...
MarketWatch—Ibotta’s IPO prices above range at $88 a share to raise $577 million. Ibotta, a digital marketing platform that allows consumer packaged goods companies to offer promotions to customers through a network of publishers, said its
Axios—Walmart-backed Ibotta raises $577M in IPO. Ibotta, a digital rewards company, raised $577.3 million in its IPO Wednesday, pricing at $88 per share. Why it matters: Pricing well above...
Forbes—Marketing Platform Ibotta And Shareholders Raise $577 Million In IPO. The company's initial public offering price was estimated to be between $76 and $84 per share when it first announced its IPO.