Sept 8 (Reuters) - Madron Partners-backed StubHub is
targeting a valuation of up to $9.2 billion in its U.S. initial
public offering, the ticket resale platform said on Monday,
becoming the latest company to resume listing plans delayed in
April by tariff uncertainty.
The company is looking to sell about 34 million shares,
priced between $22 and $25 each, to raise up to $851 million.
Buoyant equity markets and robust tech earnings have sparked
a long-awaited recovery in the IPO market this fall, after
uncertainty from U.S. trade policy forced a slew of companies
including StubHub to delay listing plans earlier this year.
The company, one of the biggest secondary ticketing
marketplaces for live events, is aiming to trade on the New York
Stock Exchange under the ticker symbol "STUB".
J.P.Morgan and Goldman Sachs are the lead underwriters.
(Reporting by Ateev Bhandari and Arasu Kannagi Basil in
Bengaluru)