--- title: "Geopolitical conflict cooling opens IPO window period Liftoff restarts US stock listing process" type: "News" locale: "en" url: "https://longbridge.com/en/news/283222471.md" description: "Liftoff Mobile re-submitted its IPO application two months after withdrawing it, planning to list on NASDAQ under the stock code LFTO. Goldman Sachs, Jefferies, and Morgan Stanley are the joint underwriters. The projected revenue for 2025 is USD 685.7 million, with a net loss of USD 23.1 million. Liftoff primarily focuses on mobile advertising, utilizing the AI predictive model Cortex. This application is seen as seizing the opportunity of easing geopolitical conflicts and the reopening of the IPO window" datetime: "2026-04-18T07:36:32.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283222471.md) - [en](https://longbridge.com/en/news/283222471.md) - [zh-HK](https://longbridge.com/zh-HK/news/283222471.md) generator: "portal-rs" --- # Geopolitical conflict cooling opens IPO window period Liftoff restarts US stock listing process According to the Zhitong Finance APP, AI mobile advertising unicorn **Liftoff Mobile** has refiled its initial public offering (IPO) application just two months after withdrawing its previous listing registration. The company plans to list on NASDAQ under the stock code **LFTO**. Goldman Sachs, Jefferies, and Morgan Stanley are the joint underwriters for this transaction. According to documents submitted to the U.S. Securities and Exchange Commission on Friday, the Blackstone Group-backed company reported revenues of **$685.7 million** and a net loss of **$23.1 million** for 2025, compared to revenues of $519.3 million and a net loss of $48.2 million the previous year. Liftoff primarily engages in mobile in-app advertising. In February of this year, the company was about to finalize its IPO offering price, planning to raise up to $762 million, but suddenly halted the listing. At that time, market concerns about the impact of artificial intelligence on the software sector triggered a collective sell-off of software stocks, leading the company to terminate its listing plans. A subsequent announcement indicated that the company secretly resubmitted its listing application just weeks after delaying the IPO. Liftoff uses its self-developed neural network-driven AI predictive model, Cortex, to generate core advertising revenue. Its platform had approximately 1.4 billion global daily active users in the fourth quarter of last year. AppLovin, another player in the mobile app marketing space, has seen its stock price drop nearly 35% since its peak in December last year; however, its stock price has still increased by over 4400% since the end of 2022. Blackstone Group acquired a majority stake in Liftoff in 2021. According to the submitted documents, the company is expected to no longer hold a controlling stake after the IPO. Last year, General Atlantic acquired a minority stake in Liftoff, valuing the company at $4.3 billion. IPOX research assistant Lukas Muehlbauer stated, "Liftoff's immediate resubmission of the listing application is clearly aimed at seizing the opportunity presented by the easing of the Iran conflict and the reopening of the IPO window." He also added that the recent rebound in software and tech stocks, along with the rise of industry ETFs, has further boosted the issuer's willingness to go public. 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