Eventbrite Sets IPO Stock Price
Publish date: 2024-06-11
Eventbrite Co-Founders Kevin and Julia Hartz.
(Hypebot) In a filing on Friday morning, the indie ticketing company announced plans to sell 10 million Class A shares on the New York Stock Exchange at a price range of $19 to $21.
Trading under the symbol EB, Eventbrite will raise $200 million at a $1.8 billion valuation based on a $20 price.
One interesting tidbit from the filing:
“The proceeds of the IPO will be put towards repaying Eventbrite’s debts, including $30m owed to Ticketfly.”
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