It plans to sell 6.6 million shares of its class A common stock at $88 apiece, exceeding its earlier price range of $76-$84 apiece, Ibotta added. Increased buzz around artificial intelligence and hopes of a rebound in the U.S. IPO market from a two-year slump, buoyed by a possible soft landing for the economy have encouraged more tech companies to test the IPO waters. Ibotta, founded in 2011, provides a platform for brands to deliver promotions to customers and offer cash back rewards on their everyday purchases.
In the wake of a suspected mushroom poisoning, a concerned Aussie GP is advising the public to never experiment with wild mushrooms they aren't familiar with.
Explore Ontrak's financial performance, strategic expansions, and innovative integrations in the latest quarterly earnings discussion.