Crypto firm bullish raises $1.1 billion in IPO

Published 2 months ago Neutral
Crypto firm bullish raises $1.1 billion in IPO
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Investing.com -- Bullish has priced its upsized initial public offering of 30 million ordinary shares at $37 per share, according to a statement on the company’s website.

The shares are expected to begin trading on the New York Stock Exchange on Wednesday.

As part of the offering, Bullish has granted the underwriters a 30-day option to purchase up to 4.5 million additional shares at the initial public offering price, less underwriting discounts and commissions.

JPMorgan and Jefferies are serving as lead book-running managers for the offering.

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