BRIEF-Ibotta Sees IPO Of Up To 5.6 Million Shares Of Class A Common Stock-February 2024-www.financetom.com

BRIEF-Ibotta Sees IPO Of Up To 5.6 Million Shares Of Class A Common Stock

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BRIEF-Ibotta Sees IPO Of Up To 5.6 Million Shares Of Class A Common Stock

Apr 8, 2024 3:36 AM

April 8 (Reuters) - Ibotta Inc:

* IBOTTA NOW SEES IPO OF UP TO 5.6 MILLION SHARES OF CLASS A

COMMON STOCK - SEC FILING

* IBOTTA: CURRENTLY ESTIMATED THAT THE INITIAL PUBLIC

OFFERING

PRICE WILL BE BETWEEN $76.00 AND $84.00 PER SHARE

* IBOTTA INC: CO SELLING 2.5 MILLION SHARES OF CLASS A

COMMON

STOCK & SELLING STOCKHOLDERS OFFERING ADDITIONAL 3.1 MILLION

SHARES OF CLASS A COMMON STOCK

* IBOTTA INC: FOR THREE MONTHS ENDED MARCH 31, EXPECT

REVENUE TO

BE BETWEEN $80.8 MILLION AND $82.3 MILLION

* IBOTTA INC: FOR THREE MONTHS ENDED MARCH 31, EXPECT NET

INCOME

BETWEEN $7.3 MILLION AND $9.3 MILLION, VERSUS NET LOSS OF $4.3

MILLION FOR QUARTER ENDED MARCH 31, 2023

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