Wealthfront Announces Pricing of Initial Public Offering

Group 1 - Wealthfront has announced the pricing of its initial public offering (IPO) at $14.00 per share, offering a total of 34,615,384 shares, with 21,468,038 shares from Wealthfront and 13,147,346 shares from existing stockholders [1][2] - The shares are set to begin trading on the Nasdaq Global Select Market under the ticker symbol "WLTH" on December 12, 2025, with the offering expected to close on December 15, 2025, pending customary closing conditions [2] - Wealthfront has granted underwriters a 30-day option to purchase an additional 5,192,308 shares at the IPO price, less underwriting discounts and commissions [2] Group 2 - Goldman Sachs & Co. LLC and J.P. Morgan are the lead book-running managers for the offering, with Citigroup, Wells Fargo Securities, and RBC Capital Markets as active book-running managers [3] - A registration statement for the securities was declared effective by the Securities and Exchange Commission on December 11, 2025, and the offering is being made only by means of a prospectus [4] Group 3 - Wealthfront is a tech-driven financial platform that assists digital natives in turning their savings into wealth, offering a range of products including cash management, investing, borrowing, and financial planning solutions [6] - The company is known for pioneering automation to provide low-cost diversified portfolios, enabling quick and convenient delivery of solutions to clients at low cost [6]