Funding Circle to be Valued at up to $2.4 Billion After IPO
Funding Circle announced the price range for its IPO that will value the company at around $2.4 billion at the upper end of the range. The price range of the offer has been set at 420 pence to 530 pence for their upcoming listing on the London Stock Exchange. After the newly issued shares the company is expected to have been 329.7 million and 345 million shares outstanding. No date has been set yet for the IPO. Source.