---
title: "Kardigan IPO raises $460 million at $16 per share after full greenshoe exercise"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290479096.md"
description: "Kardigan Inc. completed its IPO, raising $460 million by selling 28.75 million shares at $16 per share, including the full exercise of the underwriters' greenshoe option. The company's common stock now trades on the Nasdaq Global Market under the ticker symbol KARD."
datetime: "2026-06-22T21:03:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290479096.md)
  - [en](https://longbridge.com/en/news/290479096.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290479096.md)
---

# Kardigan IPO raises $460 million at $16 per share after full greenshoe exercise

-   Kardigan closed its IPO of 28,750,000 shares of common stock at USD 16 per share, including 3,750,000 shares from the underwriters’ option. \* Gross proceeds totaled USD 460 million before underwriting discounts, commissions, and offering expenses. \* Shares trade on the Nasdaq Global Market under the ticker KARD. \* SEC registration statements became effective June 17, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kardigan Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260622539996) on June 22, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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