Liftoff Mobile Files for US IPO, Targeting Up to $762 Million and $5.17 Billion Valuation
Liftoff Mobile, a mobile app marketing platform majority-owned by Blackstone, has filed to raise up to $762 million in a U.S. initial public offering that would value the company as high as $5.17 billion. The company is proposing to sell 25.4 million shares priced between $26 and $30 each and will trade on the Nasdaq under the ticker LFTO. Blacksto…