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NEW YORK - Swedish fintech company Klarna Group plc (NYSE:KLAR) has priced its initial public offering at $40.00 per share, according to a press release statement. The price represents an increase of $4.00 from the midpoint of the previously estimated range. The company will trade in USD on the NYSE, with financial reporting also conducted in USD.
The offering consists of 34,311,274 ordinary shares, with Klarna selling 5,000,000 shares and existing shareholders selling 29,311,274 shares. The selling shareholders have also granted underwriters a 30-day option to purchase up to an additional 5,146,691 shares to cover over-allotments.
Klarna’s shares are expected to begin trading Today on the New York Stock Exchange under the ticker symbol "KLAR," with the offering scheduled to close on Thursday, subject to customary closing conditions.
Goldman Sachs & Co. LLC, J.P. Morgan and Morgan Stanley are serving as joint book-running managers for the IPO.
Klarna, which describes itself as a digital bank and flexible payments provider, will not receive any proceeds from the shares sold by existing shareholders. The company reported serving approximately 111 million active consumers and 790,000 merchants across 26 countries as of June 30, 2025, facilitating $112 billion in gross merchandise volume during the twelve months ended June 30.
The IPO follows the SEC’s approval of Klarna’s registration statement on Form F-1 on September 9, 2025.
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