ReferIndia News Liftoff closes $502.55M IPO, fully exercises underwriters' option

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Liftoff closes $502.55M IPO, fully exercises underwriters' option

Published on: June 6, 2026, 3:25 p.m. | Source: scanx.trade

Liftoff Mobile, Inc. successfully closed its initial public offering, issuing 21,850,000 shares at $23.00 each, with underwriters fully exercising their option for an additional 2,850,000 shares. The company plans to use the net proceeds to repay debt under its senior secured term loan facility and for general corporate purposes. Shares are now trading on the Nasdaq Global Select Market under the ticker symbol LFTO.

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