By the numbers: Liftoff’s IPO tests ad tech’s mettle on the public markets
- On Wednesday, Munich-based distributed energy solutions provider INNIO Group announced the pricing of its upsized initial public offering of 90,000,000 common shares at $27.00 per share.
- The 90,000,000 share offering represents a 15,000,000 share increase from the originally proposed 75,000,000 shares, following the U.S. Securities and Exchange Commission's declaration of effectiveness on Wednesday.
- Shares are expected to begin trading Thursday on the Nasdaq Global Select Market under ticker symbol "INIO," with the offering consisting entirely of secondary shares requiring no company proceeds.
- Goldman Sachs, J.P. Morgan, and Morgan Stanley are acting as joint lead book-running managers, supported by book-running managers BofA Securities, Barclays, and Citigroup.
- The offering is expected to close on Friday, June 5, 2026, subject to customary closing conditions, as INNIO operates across approximately 100 countries with over 5,000 employees headquartered in Munich.
24 Articles
24 Articles
Liftoff Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares
REDWOOD CITY, Calif., June 05, 2026 (GLOBE NEWSWIRE) -- Liftoff Mobile, Inc. ('Liftoff”) (Nasdaq: LFTO), a global leader in performance marketing and monetization solutions for...
Liftoff Mobile (NASDAQ: LFTO) Debuts On Nasdaq, Raises $437 Million As Investors Draw AppLovin Comparisons
Liftoff Mobile (NASDAQ: LFTO) made its public market debut on Thursday, pricing its initial public offering at $23 per share and raising $437 million on the Nasdaq Composite. The listing comes after the mobile advertising technology company postponed an earlier IPO attempt, citing turbulent market conditions that emerged during its initial road show. CEO Jeremy Bondy noted the company had a strong start to a road show in late January before cond…
By the numbers: Liftoff’s IPO tests ad tech’s mettle on the public markets
Liftoff Mobile’s initial public offering this week, which raised $437 million, representing a stock flotation price of $23 per share, was the latest test of the public market’s appetite for ad tech. Related Insights Navigating Economic Instability Amidst the market carnage, a silver lining is emerging for some ad tech companies Read More The debut of the Blackstone-backed mobile app outfit — it was the result of the private equity firm…
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