01:35 PM EDT, 09/10/2025 (MT Newswires) -- Klarna Group ( KLAR ) shares were up more than 21% in recent trading Wednesday on the New York Stock Exchange after the company priced an initial public offering late Tuesday.

The Swedish fintech giant said it priced an initial public offering of about 34.3 million shares at $40 apiece. The company said it was selling 5 million of the shares with the rest sold by certain selling shareholders.

Underwriters were granted a 30-day overallotment option to purchase up to 5.1 million additional shares, Klarna ( KLAR ) said.

The IPO is expected to close Thursday.

Price: 48.77, Change: +8.77, Percent Change: +21.93