Trending Now - Liftoff Mobile Secures $437M in Successful US IPO

WHO:

Techmeme - Liftoff Mobile Inc. is the company involved in the IPO.

Bloomberg - The IPO was backed by Blackstone.

WHAT:

Techmeme - Liftoff Mobile raised $437 million in its US initial public offering.

Techmeme - The company sold 19 million shares at a price of $23 each.

Techmeme - The IPO priced above its marketed range of $20 to $22.

Bloomberg - The valuation of Liftoff Mobile is $3.83 billion.

WHERE:

Techmeme - The IPO took place in the United States.

WHEN:

Techmeme - This was Liftoff Mobile's second attempt at going public this year.

WHY:

Bloomberg - The IPO was revived after a previous attempt earlier in the year.

HOW:

Techmeme - The shares were sold above the initially marketed price range.

(UPDATED June 4, 2026 04:21 UTC)

Liftoff Mobile Inc. has successfully raised $437 million in its US initial public offering, with the company selling 19 million shares at a price of $23 each, which is above the initially marketed range of $20 to $22. This IPO, backed by Blackstone, marks Liftoff Mobile's second attempt to go public this year after a previous effort earlier in the year. The company's valuation now stands at $3.83 billion following this successful offering.