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StubHub Holdings, Inc. announced the pricing of its initial public offering at $23.50 per share for 34,042,553 shares of Class A common stock. The secondary ticketing marketplace granted underwriters a 30-day option to purchase up to an additional 5,106,382 shares at the same price, minus underwriting discounts and commissions.
The shares will begin trading on the New York Stock Exchange on September 17, 2025 under the ticker symbol "STUB" (STUB). The offering is expected to close on September 18, 2025, subject to customary closing conditions.
J.P. Morgan and Goldman Sachs & Co. LLC serve as lead joint book-running managers for the offering. Additional joint book-running managers include BofA Securities, Evercore ISI, BMO Capital Markets, Mizuho, TD Cowen, Truist Securities and Wolfe | Nomura Alliance. Citizens Capital Markets, Oppenheimer & Co., Wedbush Securities and PNC Capital Markets LLC act as co-managers.
The Securities and Exchange Commission has declared effective a registration statement for the securities. The company stated the offering will be conducted only through a prospectus, with copies available from the lead underwriters upon request.
StubHub operates a global secondary ticketing marketplace for live events, serving customers in over 200 countries and territories through its StubHub platform in North America and viagogo internationally. The platform supports over 30 languages and accepts payments in over 45 currencies for various live events including sports, music, comedy, dance, festivals and theater.
