Robinhood Ventures Fund I (RVI) Announces Pricing of Initial Public Offering

Group 1 - Robinhood Ventures Fund I (RVI) has priced its initial public offering (IPO) at $25.00 per share, totaling $658.4 million, with a potential increase to $705.7 million if the underwriter's option is fully exercised [2][3] - The IPO consists of 12,615,608 common shares, all offered by RVI, and is expected to begin trading on the New York Stock Exchange (NYSE) under the symbol RVI on March 6, 2026, with the offering closing on March 9, 2026, pending customary closing conditions [2][3] - RVI has granted the underwriter a 30-day option to purchase an additional 1,892,341 common shares [3] Group 2 - RVI is a closed-end fund that provides retail investors with exposure to a concentrated portfolio of private companies [3][7] - Goldman Sachs & Co. LLC is acting as the sole bookrunner for the offering [3] - A registration statement for the sale of common shares was declared effective by the Securities and Exchange Commission on March 5, 2026 [4]