E-commerce accelerator Pattern submits IPO application for US stock market, aiming to raise up to $400 million
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E-commerce acceleration platform Pattern Group has submitted an IPO application to the SEC, planning to raise up to $400 million. Founded in 2013, Pattern utilizes AI and machine learning technology to optimize product sales on global e-commerce platforms. The company expects to achieve sales of $2.1 billion by 2025 and plans to list on NASDAQ under the stock code "PTRN." Goldman Sachs and JP Morgan are the lead underwriters, with Evercore ISI and Jefferies as co-managers
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