EB Stock Price – Eventbrite Inc. Cl A Stock Quote (U.S.: NYSE)


Eventbrite to offer 10 million shares in IPO priced at $19 to $21 each

Event ticketing company Eventbrite set terms for its initial public offering on Friday, saying in a regulatory filing that it plans to offer 10 million shares priced at $19 to $21 each. The company would raise $200 million at the midpoint of that range. Goldman Sachs, JP Morgan, Allen & Co., RBC Capital Markets, SunTrust Robinson Humphrey and Stifel are underwriters on the deal. “Our business model is simple: we charge creators on a per-ticket basis when an attendee purchases a paid ticket for an event,” the company says in its prospectus. “We grow with creators as they plan, promote and produce more events and grow attendance. In 2017, we helped more than 700,000 creators issue approximately 203 million tickets across approximately three million events in over 170 countries.” The company chalked up $142.1 million in revenue in the six months to end June but had a loss of $14.8 million.

Source : MTV