Ecommerce firm Pattern valued at $2.4 billion as shares fall in Nasdaq debut
Published on: Sept. 19, 2025, 11:36 p.m. | Source: The Economic Times
Pattern and some of its existing shareholders raised $300 million by selling 21.4 million shares, compared with its marketed price range of $13 to $15 apiece. The debut came against the backdrop of a busy IPO window, where Swedish fintech Klarna and blockchain lender Figure Technology recently grabbed headlines with strong first-day gains.
