Reported about 3 hours ago
Pattern Group Inc., a prominent e-commerce firm specializing in reselling goods on platforms like Amazon, has set its initial public offering (IPO) price at $14 per share, equating to a market valuation of approximately $2.5 billion. The company offered 21.43 million shares, with half sold by Pattern and half by investors, and it has seen significant revenue growth, achieving $32.1 million in net income over the past six months. The shares are set to begin trading on the Nasdaq under the symbol PTRN.
Source: YAHOO