May 16, 2024
Willkie represented the underwriters in the $577 million initial public offering of Ibotta, Inc. (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions.
On April 17, Ibotta announced the pricing of its initial public offering of 6,560,700 shares of its Class A common stock at a public offering price of $88.00 per share. In connection with the offering, which closed on April 22, 2,500,000 shares of Class A common stock were sold by Ibotta and 4,060,700 shares of Class A common stock were sold by certain selling stockholders. The selling stockholders also granted the underwriters a 30-day option to purchase up to an additional 984,105 shares of Class A common stock.
Willkie clients Goldman Sachs & Co. LLC, Citigroup and BofA Securities acted as joint lead book-running managers for the offering.
The Willkie team was led by partners David Boston and Tej Prakash with associates Candace Mashel and Nicholas Maetta.
On April 17, Ibotta announced the pricing of its initial public offering of 6,560,700 shares of its Class A common stock at a public offering price of $88.00 per share. In connection with the offering, which closed on April 22, 2,500,000 shares of Class A common stock were sold by Ibotta and 4,060,700 shares of Class A common stock were sold by certain selling stockholders. The selling stockholders also granted the underwriters a 30-day option to purchase up to an additional 984,105 shares of Class A common stock.
Willkie clients Goldman Sachs & Co. LLC, Citigroup and BofA Securities acted as joint lead book-running managers for the offering.
The Willkie team was led by partners David Boston and Tej Prakash with associates Candace Mashel and Nicholas Maetta.
