Lender Affirm Prices IPO Above Range to Raise $1.2 billion

Affirm Holdings Inc. , which provides installment loans to online shoppers, priced its U.S. initial public offering above its marketed range to raise $1.2 billion. In the first major U.S. technology listing this year, Affirm sold 24.6 million shares for $49 each, according to a statement on Wednesday, confirming an earlier Bloomberg News report. The San Francisco-based company had marketed the shares for $41 to $44 apiece, a range that it had raised Monday from $33 to $38.”

Lender Affirm Prices IPO Above Range to Raise $1.2 billion
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