Klarna Eyes $1.27 Billion in US IPO
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The Swedish fintech giant is preparing to list on the New York Stock Exchange.
The Klarna Bank AB logo appears on a smartphone screen in this illustration photo in Reno, United States, on December 30, 2024.
Nurphoto | Nurphoto | Getty Images
Klarna,the Swedish fintech firm,is poised to raise up to $1.27 billion through its U.S.initial public offering, according to recent filings.
The company intends to offer 34,311,274 ordinary shares,with the price set between $35 and $37 per share.
The shares will be listed on the New York Stock Exchange under the ticker symbol “KLAR.”
Of the total shares, Klarna will offer 5.56 million, while existing shareholders will offer the remaining 28.8 million shares.
Goldman Sachs, JP Morgan and Morgan Stanley are acting as joint book runners for the listing.
“Klarna plans to offer 34,311,274 ordinary shares priced between $35 and $37 each.”
Understanding Klarna and the Buy Now, Pay Later model
klarna’s IPO is generating notable interest in the financial world. But what exactly does Klarna do, and why is it so popular?
frequently Asked Questions
what is Klarna?
Klarna is a Swedish fintech company that provides buy now, pay later (BNPL) services, allowing consumers to make purchases and pay for them in installments.
Where will Klarna be listed?
Klarna will list its shares on the New york Stock Exchange (NYSE) under the ticker symbol “KLAR.”
How much money is Klarna looking to raise?
Klarna is looking to raise up to $1.27 billion in its U.S. initial public offering (IPO).
