08:41 AM EDT, 09/08/2025 (MT Newswires) -- StubHub (STUB) plans to offer about 34 million of its class A common stock at $22 to $25 per share in an initial public offering, according to a filing Monday with the US Securities and Exchange Commission.

Net proceeds are expected to be about $735.5 million and would be used to repay approximately $550 million of outstanding debt, the company said, adding that underwriters would have a 30-day option to purchase up to an additional 5.1 million shares.

Upon completion of the offering, StubHub founder and Chief Executive Officer Eric Baker will hold all outstanding class B shares, representing about 87.8% of voting power, the filing showed.

StubHub, an online marketplace for tickets to live events, has applied to list its class A shares on the New York Stock Exchange under the symbol STUB.