DENVER — A Denver-based technology company is the latest to file plans to become a publicly traded entity.
Ibotta, a digital cash-back rewards provider, filed plans to go public with the U.S. Securities and Exchange Commission on Friday, March 22.
The number of shares Ibotta will offer and the price of shares has not yet been determined.
Ibotta plans to list its Class A common stock on the New York Stock Exchange under the symbol “IBTA,” according to the SEC filing.
Ibotta declined to comment on its plans to go public.
The Denver Business Journal has talked to Ibotta previously about becoming a public company.
In early 2022, the rewards technology unicorn told the DBJ it had its eyes set on going public. It had just acquired its first company and came off a major hiring spree, bringing on nearly 350 employees in 2021, including a new chief financial officer.
In October 2023, Ibotta brought on Nils Hellmer from Goldman Sachs, a senior vice president of finance, investor relations and corporate development. Bringing on people with public experience is one indicator that a company may soon go public, according to industry experts.
> Read the full story at the Denver Business Journal.
WOODS BOSS: Brewery expanding in Five Points
SUGGESTED VIDEOS: Latest from 9NEWS
> Top stories from 9NEWS curated daily just for you! Sign up for the 9NEWSLETTER right now to get can’t-miss stories, Next and Broncos content, weather and more delivered right to your inbox.
