Austin relationship app Bumble kits rates to have $dos.dos million IPO, can start change Thursday
Bringing set to create a huge access on the stock-exchange, Austin-mainly based dating app inventor Bumble for the Wednesday nights put this new change speed for just what they expects getting a great $dos.dos million first societal providing away from stock with the Thursday.
Bumble wants to sell fifty mil shares of their Class A common inventory on $43 for every display, the firm told you inside the a filing into You.S. Ties and you will Replace Payment. Brand new offers are essential to begin with trade towards Nasdaq change Thursday utilizing the symbol “BMBL” The brand new underwriters into giving supply a 30-go out choice to get around seven.5 billion shares, the business told you.
The organization told you the 2009 times that it anticipated to promote 45 million shares to possess $37 so you can $39 apiece, that will has actually place the IPO’s well worth at about $step one.8 billion.
The fresh IPO you will set Bumble’s valuation on between $8 billion and $9 million, according to research by the amount of a good offers, with regards to the securities processing.
This new IPO would limit a re of the Austinite Whitney Wolfe Herd, who previously worked for new relationship software team Tinder. 자세히 보기