right here’s the whole thing You want to know about the healthy.com IPO

November 9, 2015

healthy group, owners of Tinder, in shape.com and OKCupid, will price its IPO of about 33.three million shares between $ 12 and $ 14 per share.

the company revealed on Monday that its underwriters can have a 30-day option to buy an extra 5 million shares.

the net matchmaker will list on Nasdaq beneath the logo “MTCH.”

the corporate has turned a profit the remaining three year and had $ 1 billion in earnings over the one year ended June 30. in shape workforce has nearly 59 million active month-to-month customers, four.7 million of them paid, the use of 38 languages in more than 190 nations.

the company will provide three inventory sorts: widespread stock, classification B fashionable inventory and sophistication C widespread inventory. fashionable stockholders might be entitled to one vote per share, while class B shareholders will get 10 votes per share. category C shareholders can’t vote.

guardian firm IAC/InterActiveCorp, controlled by way of billionaire Barry Diller, will personal all shares of exceptional category B inventory and will care for majority keep an eye on of the corporate after the providing.

suit staff accomplished the acquisition of PlentyofFish, some other on-line dating web site, for $ 575 million last month.

industry & Finance Articles on trade 2 community

(38)