Company Overview - Ibotta, Inc. provides digital promotion services through a network of publishers known as the Ibotta Performance Network [3] - The company completed its initial public offering in April 2024, selling over 7.5 million shares at 660 million in gross offering proceeds [3] Recent Developments - On February 26, 2025, Ibotta reported its first full-year financial results as a public company, indicating that first quarter 2025 sales were expected to be flat and margins were projected to shrink by approximately 50% [4] - Following this announcement, Ibotta's stock price experienced a significant decline of 46% [4] Legal Investigation - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Ibotta, focusing on whether the company and certain executives made false or misleading statements or failed to disclose material information to investors [1][2]
IBTA INVESTIGATION ALERT: Investigation Launched into Ibotta, Inc. and Attorneys Encourage Investors with Substantial Losses or Witnesses with Relevant Information to Contact Law Firm