Advertising mobile app software Liftoff Mobile sets terms for $711 million IPO
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Liftoff Mobile, an AI-powered advertising software provider, has announced terms for its $711 million IPO, planning to offer 25.4 million shares priced between $26 and $30. At the midpoint, the company would have a market value of $5.5 billion. Founded in 2011 and formed through a merger in 2021, Liftoff Mobile's platform supports user acquisition and ad monetization for various app verticals. The company aims to list on Nasdaq under the symbol LFTO, with pricing expected the week of February 2, 2026.
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