Home » Latham-Led Fintech Shift4 Funds Launches $300M IPO
Regulation360 (June 1, 2020, 4:27 PM EDT) — Personal equity-backed fee processor Shift4 Funds Inc. on Monday joined a rising preliminary public providing pipeline, setting a price vary for an IPO estimated to boost $300 million guided by Latham & Watkins LLP and underwriters counsel Simpson Thacher & Bartlett LLP.
Allentown, Pennsylvania-based Shift4 Funds plans to supply 15 million shares priced between $19 and $21, elevating $300 million at midpoint. The providing is scheduled to price in the course of the week of June 1, in line with IPO analysis agency Renaissance Capital.
Rook Holdings Inc., an organization owned by Shift4 Funds founder Jared Isaacman, has additionally agreed to purchase as much as $100…
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