Liftoff targets $3.66 billion valuation in US IPO
Liftoff Mobile seeks $418 million in a renewed US IPO. The Blackstone-backed firm targets a $3.66 billion valuation to test investor demand for software stocks.
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Liftoff Mobile, backed by BLACKSTONE INC, is targeting a $3.66 billion valuation in its United States IPO. The company seeks to raise $418 million by offering 19 million shares priced between $20 and $22 each after scrubbing an initial launch. The renewed attempt will test investor appetite for software listings.
