Robinhood Plans to Raise $2B in IPO, Pegs $35B Valuation
Source: Coinspeaker
Author: Bhushan Akolkar
Source Tags: Business News, IPO News, Market News, News, Stocks, Story of the Day, robinhood, robinhood ipo, sec
Estimated reading: 2 minutes
Summary
CoinspeakerRobinhood Plans to Raise $2B in IPO, Pegs $35B Valuation
Robinhood is planning to release 55 million shares in the open market as it plans to reserve 20% to 35% of Class A shares for its customers.
Robinhood Plans to Raise $2B in IPO, Pegs $35B Valuation