Bumble Nasdaq IPO

Overview:

• Mobile dating app company Bumble went public on the Nasdaq market under the ticker BMBL.
• The company initially offered 57.5 million common shares at $43 per share, for gross proceeds of $2.5 billion.
• Goldman Sachs, Citigroup, Morgan Stanley and JP Morgan acted as the underwriters for the offering.
• CEO and founder Whitney Wolfe Herd became the youngest woman to take a large company public in the US. She is also one of a very few number of women founders, a little over 20, to lead an IPO.

Chynna Lewis - Researcher