Core Viewpoint - Pattern Group Inc. has announced the pricing of its initial public offering (IPO) of Series A common stock at $14.00 per share, with a total of 10,714,286 shares being offered by the company and an equal number by existing stockholders [1][2]. Offering Details - The IPO will consist of 10,714,286 shares of Series A common stock offered by Pattern and 10,714,286 shares offered by existing stockholders, with no proceeds going to Pattern from the latter [1]. - There is a 30-day option for underwriters to purchase an additional 3,214,285 shares at the IPO price, less underwriting discounts and commissions [1]. - Trading is expected to begin on the Nasdaq Global Select Market under the ticker symbol "PTRN" on September 19, 2025, with the offering closing on September 22, 2025, pending customary closing conditions [2]. Underwriters - Goldman Sachs & Co. LLC and J.P. Morgan are the lead book-running managers for the IPO, with Evercore ISI and Jefferies as joint book-running managers [3]. Company Overview - Pattern Group Inc. specializes in accelerating brands on global ecommerce marketplaces using proprietary technology and AI, leveraging over 46 trillion data points to optimize ecommerce growth across various platforms [5]. - The company supports hundreds of global brands in driving profitable revenue growth across more than 60 marketplaces, including major platforms like Amazon, Walmart.com, and Tmall [5].
Pattern Announces Pricing of Initial Public Offering