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StubHub Announces Pricing of Initial Public Offering

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StubHub (NYSE:STUB) has announced the pricing of its Initial Public Offering, offering 34,042,553 shares of Class A common stock at $23.50 per share. The company has also granted underwriters a 30-day option to purchase up to an additional 5,106,382 shares.

Trading is set to commence on the New York Stock Exchange on September 17, 2025, under the ticker symbol "STUB". The offering is expected to close on September 18, 2025. J.P. Morgan and Goldman Sachs are serving as lead joint book-running managers, with several other prominent financial institutions participating as additional book-runners and co-managers.

StubHub (NYSE: STUB) ha annunciato il prezzo della sua Offerta Pubblica Iniziale, offrendo 34,042,553 azioni di classe A a 23,50 dollari per azione. La società ha anche concesso agli underwriter un\'opzione di 30 giorni per acquistare fino a ulteriori 5,106,382 azioni.

Le contrattazioni sono previste per iniziare sul New York Stock Exchange il 17 settembre 2025, con il simbolo di ticker "STUB". L\'offerta dovrebbe chiudersi il 18 settembre 2025. J.P. Morgan e Goldman Sachs operano come lead joint book-running managers, con diverse altre importanti istituzioni finanziarie che partecipano in qualità di ulteriori book-runners e co-manager.

StubHub (NYSE: STUB) ha anunciado el precio de su Oferta Pública Inicial, ofreciendo 34,042,553 acciones de clase A a 23,50 dólares por acción. La compañía también ha otorgado a los suscriptores una opción de 30 días para comprar hasta 5,106,382 acciones adicionales.

La negociación comenzará en la New York Stock Exchange el 17 de septiembre de 2025, bajo el símbolo de cotización "STUB". Se espera que la oferta cierre el 18 de septiembre de 2025. J.P. Morgan y Goldman Sachs actúan como lead joint book-running managers, con varias otras importantes instituciones financieras participando como book-runners adicionales y co-managers.

StubHub (NYSE: STUB)가 IPO 가격을 발표했습니다. 클래스 A 보통주 34,042,553주주당 23.50달러에 제공합니다. 또한 회사는 주관사들에게 추가로 5,106,382주까지 매수할 수 있는 30일 옵션을 부여했습니다.

거래는 2025년 9월 17일 뉴욕증권거래소에서 티커 기호 "STUB"로 시작될 예정이며, 공모는 2025년 9월 18일에 마감될 것으로 예상됩니다. J.P. 모건과 골드만삭스가 주간 공동 북런너로서 리드 역할을 수행하며, 여러 다른 유수의 금융기관들이 추가 북런너 및 공동주관사로 참여합니다.

StubHub (NYSE: STUB) a annoncé le prix de son offre publique initiale, proposant 34 042 553 actions ordinaires de classe A à 23,50 dollars par action. La société a également accordé aux souscripteurs une option de 30 jours pour acheter jusqu\'à 5 106 382 actions supplémentaires.

Les échanges débuteront sur le New York Stock Exchange le 17 septembre 2025, sous le symbole de cotation "STUB". L\'offre devrait être clôturée le 18 septembre 2025. J.P. Morgan et Goldman Sachs agissent en tant que lead joint book-running managers, avec plusieurs autres grandes institutions financières participant en tant que book-runners additionnels et co-managers.

StubHub (NYSE: STUB) hat die Preisgestaltung seines Börsengangs bekannt gegeben und bietet 34.042.553 Class-A-Stammaktien zu 23,50 USD pro Aktie an. Das Unternehmen hat den Underwritern außerdem eine 30-tägige Option eingeräumt, bis zu zusätzlichen 5.106.382 Aktien zu erwerben.

Der Handel soll an der New Yorker Börse am 17. September 2025 unter dem Tickersymbol "STUB" beginnen. Die Emission wird voraussichtlich am 18. September 2025 abgeschlossen. J.P. Morgan und Goldman Sachs fungieren als Lead Joint Book-Running Managers, während mehrere weitere namhafte Finanzinstitute als zusätzliche Book-Runners und Co-Managers teilnehmen.

StubHub (NYSE: STUB) أعلنت عن تسعير أول عرض عام لها، مقدّمة 34,042,553 سهماً من الفئة A بسعر 23.50 دولاراً للسهم الواحد. كما منحت الشركة للمكتتبين خياراً لمدة 30 يوماً لشراء حتى 5,106,382 سهماً إضافياً.

من المقرر أن يبدأ التداول في بورصة نيويورك في 17 سبتمبر 2025 تحت رمز التداوُل "STUB". من المتوقع أن يُغلق العرض في 18 سبتمبر 2025. تعمل جي بي مورغان و غولدمان ساكس كمديرين رئيسيين مشتركين للكتاب، بمشاركة العديد من المؤسسات المالية البارزة الأخرى كـكتّاب كتب إضافيين وشركاء مديرين.

StubHub(NYSE: STUB) 已宣布首次公开募股定价,提供 34,042,553 股 A 类普通股,发行价为 每股 23.50 美元。公司还授予承销商一个 30 天的选择权,可购买最多额外 5,106,382 股

交易预计将于 2025 年 9 月 17 日在纽约证券交易所开始,股票代码为“STUB”。发行预计将于 2025 年 9 月 18 日完成。摩根大通和高盛将担任主承销商联合账簿管理人,其他多家知名金融机构将作为附加账簿管理人和共同承销商参与。

Positive
  • IPO could raise approximately $800 million at the set price of $23.50 per share
  • Strong lineup of reputable underwriters including J.P. Morgan and Goldman Sachs
  • Additional upside potential through 30-day option for 5.1M additional shares
Negative
  • Potential dilution for existing shareholders
  • Market volatility risks associated with newly public companies
  • Competitive pressures in the secondary ticketing market

Insights

StubHub's IPO pricing at $23.50/share for 34M shares indicates strong market valuation for the ticketing marketplace.

StubHub has priced its initial public offering at $23.50 per share, with 34,042,553 shares of Class A common stock being offered. This pricing implies an initial capital raise of approximately $800 million (excluding the additional option granted to underwriters). The ticketing marketplace has also provided underwriters with a 30-day option to purchase an additional 5,106,382 shares, which could increase the total capital raised by about $120 million if fully exercised.

The company will begin trading on the NYSE under ticker symbol "STUB" on September 17, with the offering expected to close the following day. This IPO represents a significant liquidity event for StubHub's existing investors and provides the company with substantial capital for potential expansion, debt reduction, or other strategic initiatives.

The strong lineup of underwriters, led by J.P. Morgan and Goldman Sachs, with participation from eight additional financial institutions as joint book-running managers and four as co-managers, suggests robust institutional interest in the offering. This diverse syndicate typically indicates confidence in the issuer's business model and growth prospects.

For the secondary ticketing industry, this IPO represents a significant vote of confidence in the resale marketplace model, particularly following the pandemic's severe impact on live events. StubHub's successful pricing amid current market conditions suggests investors see substantial long-term value in platforms connecting ticket sellers with buyers for live entertainment experiences.

NEW YORK, Sept. 16, 2025 /PRNewswire/ -- StubHub Holdings, Inc. ("StubHub"), a leading global secondary ticketing marketplace for live events, today announced the pricing of its initial public offering of 34,042,553 shares of its Class A common stock at a public offering price of $23.50 per share. In addition, StubHub has granted the underwriters a 30-day option to purchase up to an additional 5,106,382 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions.

The shares are expected to begin trading on the New York Stock Exchange on September 17, 2025 under the ticker symbol "STUB." The offering is expected to close on September 18, 2025, subject to customary closing conditions.

J.P. Morgan and Goldman Sachs & Co. LLC are acting as lead joint book-running managers for the offering. BofA Securities, Evercore ISI, BMO Capital Markets, Mizuho, TD Cowen, Truist Securities and Wolfe | Nomura Alliance are acting as additional joint book-running managers. Citizens Capital Markets, Oppenheimer & Co., Wedbush Securities and PNC Capital Markets LLC are acting as co-managers for the offering.

A registration statement relating to these securities has been filed with and declared effective by the SEC. The offering is being made only by means of a prospectus. Copies of the final prospectus, when available, may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com; and Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, or by email at Prospectus-ny@ny.email.gs.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About StubHub

StubHub is a leading global secondary ticketing marketplace for live events. Through StubHub in North America and viagogo internationally, StubHub services customers in over 200 countries and territories, supporting over 30 languages and accepting payments in over 45 currencies – from sports to music, comedy to dance, festivals to theater. StubHub offers a safe and convenient way to buy or sell tickets to live events across the world for memorable live experiences.

Contact

Alix Anfang and Jessica Roey
pr@stubhub.com

Ash Spiegelberg and Darren McDermott
StubHub@brunswickgroup.com

Cision View original content:https://www.prnewswire.com/news-releases/stubhub-announces-pricing-of-initial-public-offering-302558424.html

SOURCE StubHub

FAQ

What is the IPO price for StubHub (STUB) stock?

StubHub has priced its IPO at $23.50 per share for 34,042,553 shares of Class A common stock.

When will StubHub (STUB) start trading on NYSE?

StubHub shares are expected to begin trading on the New York Stock Exchange on September 17, 2025 under the ticker symbol 'STUB'.

How much money will StubHub raise in its IPO?

At the IPO price of $23.50 per share, StubHub is set to raise approximately $800 million from the initial offering of 34,042,553 shares, excluding the additional option granted to underwriters.

Who are the lead underwriters for StubHub's IPO?

J.P. Morgan and Goldman Sachs & Co. LLC are acting as the lead joint book-running managers for the StubHub IPO.

How many additional shares can StubHub's underwriters purchase?

StubHub has granted its underwriters a 30-day option to purchase up to an additional 5,106,382 shares of Class A common stock at the IPO price.
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