Liftoff Prices IPO at $23 Per Share Ahead of Nasdaq Debut

June 04, 2026
Liftoff Mobile has priced its initial public offering at $23 per share for 19 million shares, with trading set to begin on June 4, 2026, under the ticker symbol LFTO.

In a press release, Liftoff Mobile announced the pricing of its initial public offering at $23 per share for 19 million shares of common stock. The company has also granted underwriters a 30-day option to purchase up to an additional 2.85 million shares to cover over-allotments.

The shares are expected to begin trading on the Nasdaq Global Select Market on June 4, 2026, under the ticker symbol LFTO. The offering is scheduled to close on June 5, subject to customary conditions.

Liftoff plans to use the net proceeds to repay outstanding debt under its senior secured term loan facility, with the remainder allocated for general corporate purposes. Investment funds affiliated with General Atlantic have been allocated approximately 1.3 million shares in the offering.

Goldman Sachs, Jefferies, and Morgan Stanley are serving as joint lead book running managers. Additional book running managers include Barclays, RBC Capital Markets, UBS Investment Bank, Wells Fargo Securities, and others.

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