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Pattern Group Inc. (PTRN) completed its initial public offering, pricing 21.4 million shares at $14.00 per share. The company sold 10.7 million shares while existing stockholders sold an additional 10.7 million shares.
Pattern did not receive proceeds from the shares sold by existing stockholders. The selling stockholders granted underwriters a 30-day option to purchase up to 3.2 million additional shares at the offering price, minus underwriting fees.
The company’s Series A common stock began trading on the Nasdaq Global Select Market under the ticker symbol "PTRN" on September 19, 2025.
Goldman Sachs & Co. LLC and J.P. Morgan served as lead book-running managers for the offering. Evercore ISI and Jefferies acted as joint book-running managers, while Baird, BMO Capital Markets, KeyBanc Capital Markets, Needham & Company, Stifel, and William Blair served as additional book-running managers.
Pattern operates as an ecommerce acceleration platform, helping brands optimize their presence on global marketplaces including Amazon, Walmart.com, Target.com, eBay, and others. The Utah-based company uses artificial intelligence and data analytics to manage various aspects of ecommerce operations including advertising, logistics, pricing, and customer service.
The information was disclosed in a company press release following the completion of the public offering process.