Participate in Bumble IPO When is the Bumble IPO date. The company said earlier this week that it expected to sell 45 million shares for $37 to … Earlier, Bumble had said that the company would sell 35 million shares through its … When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Expected to begin trading February 11, 2021, Bumble Inc. (BMBL) has already increased the expected IPO price range to a midpoint of $38/share, which would value the firm at over $7 billion. AUSTIN, Texas, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Bumble Inc. announced today the pricing of its initial public offering of 50,000,000 shares of its Class A common stock at a price … The offering of these securities is being made only by means of a prospectus. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A registration statement relating to these securities was filed with, and declared effective by, the Securities and Exchange Commission. Brent Wistrom, Austin Inno, Senior Editor - Austin Business Journal Feb 9, 2021, 8:32am EST . Bumble ended the third quarter of 2020 with 42.1 million monthly active users … The offering is expected to close on February 16, 2021, subject to customary closing conditions. Bumble now plans to sell 45 million equity shares at a price of $37-39 per share. These factors include but are not limited to those described under “Risk Factors” in Bumble’s registration statement relating to the initial public offering. Bumble's offering price was upsized twice since filing for its IPO in January: once from its initial range of $28 to $30 a share, and again to $37 to $39 a share. Goldman Sachs & Co. LLC and Citigroup are acting as joint lead book-running managers and as representatives of the underwriters for the offering. Blackstone Capital Markets, BMO Capital Markets, Cowen, Raymond James, Stifel, BTIG, Nomura, SMBC Nikko, AmeriVet Securities, C.L. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. Bumble upped its initial public offering (IPO) target in a filing with the Securities and Exchange Commission on Monday. Bumble — whose largest shareholder is the private-equity firm Blackstone — closed its first trading day well above the $43-a-share price it had set for the $2.2 billion IPO. Forward-looking statements include all statements that are not historical facts. Now I’m starting my own business and want to amend it. Trading is expected to begin Thursday on the Nasdaq under the ticker symbol “BMBL.” There are 23 banks underwriting the deal, led by Goldman Sachs and Citigroup. ET by Emily Bary Dating app Bumble to … These forward-looking statements include any statements regarding the commencement of trading of Bumble’s Class A common stock on the Nasdaq Global Select Market. The first thing I’m concerned about is there’s a lot of hype around Bumble stock after its IPO. The shares are expected to begin trading on the Nasdaq Global Select Market on February 11, 2021 under the symbol “BMBL”. Latest Bumble Stock IPO News. The stock opened at $76 during their public debut and … Bumble publicly filed for its IPO in January. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. 02/08/2021: Dating app Bumble raises the size of its IPO offering to 45 million shares 02/02/2021: Bumble Sets Terms for IPO (see below) Bumble boosts its IPO price on path to raising $1.8B. What is Bumble IPO price range? Bumble is eyeing a valuation of $6 billion to $8 billion when it IPOs in 2021. These symbols will be available throughout the site during your session. AUSTIN, Texas, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Bumble Inc. announced today the pricing of its initial public offering of 50,000,000 shares of its Class A common stock at a price to the public of $43.00 per share. Bumble’s IPO is … While anything can happen between now and then, Bumble's past performance looks promising on … In early February, it disclosed a price range of $28 … The electric vehicle maker seemed to shake investors with a dip in February deliveries. But Wall Street is looking ahead to the microchip shortage. Instruction How to Invest in Bumble after the IPO date (opening price)? Bumble Inc. is the parent company of Badoo and Bumble, two of the world’s highest-grossing dating apps with millions of users worldwide. Bumble is scheduled to IPO under the ticker “BMBL” on Feb. 11 at $37-39 per share. This has resulted in a huge jump in the share price. In some cases, you can identify these forward-looking statements by the use of words such as “outlook,” “believe(s),” “expect(s),” “potential,” “continue(s),” “may,” “will,” “should,” “could,” “would,” “seek(s),” “predict(s),” “intend(s),” “trends,” “plan(s),” “estimate(s),” “anticipates,” “projection,” “will likely result” and or the negative version of these words or other comparable words of a future or forward-looking nature. Just a day before, the company had planned on offering 45 million shares at $37-$39 each, figures which themselves were significantly higher than originally announced. Bumble has granted the underwriters a 30-day option to purchase up to an additional 7,500,000 shares of Class A common stock. CEO of Bumble… Founded by CEO Whitney Wolfe Herd in 2014, the Bumble app is one of the first dating apps built with women at the center, and the Badoo app, which was founded in 2006, is one of the pioneers of web and mobile dating products. Taking a closer look at their financial statements, it can be seen that Bumble Inc had a revenue (adjusted before reorganisation and IPO) of $412m between 29 January and 30 September 2020. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the registration statement. Copy and paste multiple symbols separated by spaces. Dating app Bumble (BMBL) shares closed at $70.31 or 63% higher than their IPO price of $43 each. The IPO was previously priced at between $28 to $30 per share. When available, copies of the prospectus relating to the initial public offering may be obtained from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: (866)-471-2526, facsimile: 212-902-9316, email: [email protected]; or Citigroup Global Markets Inc., Attention: Prospectus Department, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: (800) 831-9146. A growing audience. King & Associates, Drexel Hamilton, Loop Capital Markets, R. Seelaus & Co., LLC, Ramirez & Co., Inc., Siebert Williams Shank and Telsey Advisory Group are acting as co-managers for the offering. JEALEX Photo. Such forward-looking statements are subject to various risks and uncertainties. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. That would value the company between $7 and $8 billion, a 31% premium to its initial IPO price. The Bumble platform enables people to connect and build equitable and healthy relationships. The dating app specialist is … Bumble has revised its IPO target upward several times. Bumble heads for IPO with focus on driving healthy relationships beyond dating, Mark Zuckerberg raised $35 million from Facebook stock trades this week, EBay will delist ‘banned’ Dr. Seuss books being resold for thousands of dollars, GE's stock rallies after Morgan Stanley analyst raises price target, supplanting UBS analyst as 2nd-most bullish, Bitcoin could prevent society from functioning and is an ‘extreme form of libertarian anarchism,’ warns this fund manager, Buy this dip in Apple, Microsoft and these other tech stocks before they’re out of reach, says analyst, European stocks and U.S. equity futures fall in aftermath of Fed Chair Powell’s comments, ‘I want to hurt him the same way he hurt me’: My husband sprung a prenup on me 3 days before our wedding. Boasting year-over-year user growth of nearly 19% as of September, Bumble will target a $28 to $30 per share price on a $7 billion valuation. Previously, Bumble targeted … Bumble intends to use the proceeds (net of underwriting discounts) from the issuance of 9 million shares to repay a portion of its senior secured term loan facilities and for general corporate purposes, and to bear the expenses of the offering. © 2021, Nasdaq, Inc. All Rights Reserved. The company plans to sell 34.5 million shares for $28 to $30 apiece, it said in a filing Tuesday with the U.S. Securities and Exchange Commission. The IPO is expected today, Feb. 11, with shares trading on the Nasdaq under the ticker "BMBL." Bumble currently employs over 600 people in offices in Austin, Barcelona, London, and Moscow. Morgan Stanley and J.P. Morgan are acting as joint book-running managers for the offering. Do Not Sell My Personal Information (CA Residents Only). Bumble said it will offer 50 million shares, raising about $2.2 billion. Read more: Bumble heads for IPO with focus on driving healthy relationships beyond dating. Bumble’s $43 IPO price also implies a valuation of around $9 billion and 12-13x forward sales multiple, a 20% discount to Match Group’s 16x, Bloomberg Intelligence estimates. Type a symbol or company name. Create your Watchlist to save your favorite quotes on Nasdaq.com. Bumble intends to use the proceeds (net of underwriting discounts) from the issuance of 41 million shares (or 48.5 million shares if the underwriters exercise in full their option to purchase additional shares of Class A common stock) to purchase or redeem an equivalent aggregate number of outstanding equity interests from certain entities affiliated with Blackstone. Jefferies, RBC Capital Markets and Evercore ISI are acting as joint book-runners for the offering. Bumble (NASDAQ: BMBL), the dating app, has had a very successful initial public offering (IPO). Dating app operator Bumble Inc. (BMBL) debuted on the Nasdaq today, raising $2.2 billion in its IPO and valuing the company at over $7 billion. At the top end of that range, $30, … Bumble, an online dating app with more than 100 million users, will price 34.5 million shares for sale at between $28.00 and $30.00 each, a level that would raise as much as $1.04 billion. Bumble heads for IPO with focus on driving healthy relationships beyond dating Feb. 9, 2021 at 2:50 p.m. Dating-app maker Bumble Inc. priced its initial public offering at $43 share late Wednesday, well above its expected range. According to the report, the IPO date hasn’t yet been finalized, but it won’t be Feb. 14, as Valentine’s Day falls on a weekend this year. Bumble has priced its stock at $39 per share for the IPO, which is at the top of an already boosted price range of $37–$39. Their operating costs and expenses totaled $419m, leaving them with a net operating loss (inc. taxes) of -$55m, but improving from their 2019 net loss of -$108m. After the IPO you can buy Bumble stocks via Tradernet on the UPD: $37.00 - $39.00 per share. The company issued 57.5 million new shares at an average price of … Bumble said it will … It debuted at $43 yesterday. Dating-app maker Bumble Inc. priced its initial public offering at $43 share late Wednesday, well above its expected range. Bumble Inc. Prices IPO at $28.00-$30.00 Per Share (BMBL) Posted by Michael Walen on Feb 3rd, 2021 // Comments off Bumble Inc. (BMBL) is planning to … 10 February, 2021. This press release contains forward-looking statements. AUSTIN, Texas, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Bumble Inc. announced today the pricing of its initial public offering of 50,000,000 shares of … Copyright © 2021 MarketWatch, Inc. All rights reserved. This afternoon Bumble priced its IPO at $43 per share, ahead its raised IPO range of $37 to $39 per share. 02/11/2021: Bumble stock opens for trading at $76 per share, 12:34 PM EST 02/10/2021: Bumble Prices $2.2 Billion IPO at $43 per share.Stock trades tomorrow. Type a symbol or company name.
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