Robinhood sets sight on $35 bn valuation in mega US IPO

About 55 million shares are being offered in the IPO, with shares expected to be priced between $38 and $42, the company said. This would raise over $2.3 billion if priced at the top of the range. Nearly 2.63 million of those shares are being offered by the company's founders and chief financial officer, the filing showed. Proceeds from those will not go to Robinhood.

from Markets-Economic Times https://ift.tt/3BmYleU