WASHINGTON (dpa-AFX) - StubHub Holdings, Inc., a global secondary ticketing marketplace for live events, Monday announced its plan to launch initial public offering of approximately 34.04 million shares in a price range of $22-$25 per share.
Additionally, the company intends to grant a 30-day option to underwriters to purchase upto an additional about 5.1 million shares.
The company has also applied to list its Class A common stock on the New York Stock Exchange under the ticker symbol 'STUB.'
J.P. Morgan and Goldman Sachs & Co. LLC are acting as lead joint book-runners for the proposed offering.
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