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Dating app Bumble raises IPO to 45 million shares, seeks to raise $1.8 billion
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Dating app Bumble is aiming to raise $1.8 billion from its initial public offering, Bumble Inc. said in a filing with the U.S. Securities and Exchange Commission on Monday.
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The dating app, where women make the first move upon matching, will sell 45 million shares for between $37 to $39 per share, per the S-1 filing. The Austin-based company will list its shares under the trading symbol “BMBL” on the NASDAQ.
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Bumble previously aimed to sell 34.5 million shares priced between $28 to $30.