DENVER, April 08, 2024 (GLOBE NEWSWIRE) -- Ibotta, Inc., a leading technology company providing digital promotions and performance marketing solutions, announced today that it has launched the roadshow for its proposed initial public offering of 5,625,000 shares of its Class A common stock, 2,500,000 shares of which are being sold by Ibotta and 3,125,000 shares of which are being sold by existing stockholders. Ibotta will not receive any proceeds from the sale of shares by the selling stockholders. In addition, the underwriters will have a 30-day option to purchase up to an additional 843,750 shares of Class A common stock from the selling stockholders at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is estimated to be between $76.00 and $84.00 per share. The shares are expected to begin trading on the New York Stock Exchange under the symbol "IBTA." Goldman Sachs & Co. LLC, Citigroup and BofA Securities will ...