StubHub Files for IPO

StubhubThe secondary ticket market for direct events presented a statement on Friday with SEC for a preliminary general offer.
The number of shares that will be presented in the public subscription has not been determined in Stumbhub and the price extent of the proposed offer yet. STUBHub applied to include its shared A.C. on the New York Stock Exchange under the “heel” code.
Calculate S-1 file With the SEC, Stumbhub achieved $ 1.77 billion in revenues, an increase of 29 % on an annual basis, and a net loss of $ 2.8 million in 2024 was compared to $ 1.37 billion for 2023. More than 40 million tickets were sold in the Stumbhub market last year from about one million selves, according to the company.
According to what was stubhub was looking to launch the subscription last public, but he presented these plans by looking at the market below for public offers.
The company was integrated as severe endeavors on December 17, 2004, and launched the Kevaju operations in 2006. In February 2020, it acquired Stubhub from EBY for 4 billion dollars and changed its name on September 8, 2021, to Stumbhub Holdings.