Workflow
Borrowing
icon
Search documents
Wealthfront CEO David Fortunato on going public on Nasdaq, state of investing and growth outlook
Youtube· 2025-12-12 13:20
Fintech platform Wealthfront going public on the NASDAQ today under the ticker symbol WLTH. It priced its IPO at $14 per share. That was the top end of the expected range.Joining us now first on CNBC is Wealthfront CEO David Fortonado. David, good to see you. >> Thanks for having me.>> Big day uh for you. And you know, I was saying we kind of remember this industry as we used to call it the robo advisor industry, the sort of automated investment services from 15 years ago. Well, at the time it seemed like, ...
Wealthfront announces plans for IPO and Nasdaq listing
Yahoo Finance· 2025-12-03 12:04
Core Viewpoint - Wealthfront is preparing for an initial public offering (IPO) aiming for a valuation of up to $2.05 billion and plans to raise $485 million by offering shares priced between $12 and $14 each [1][2]. Group 1: IPO Details - Wealthfront will issue 21,468,038 shares, while existing stockholders will offer 13,147,346 shares, with the company not receiving proceeds from the latter [2]. - The IPO is contingent upon the effectiveness of the registration statement filed with the SEC, and no sales will occur until it is effective [2]. - Underwriters have a 30-day option to purchase an additional 5,192,308 shares at the IPO price, minus underwriting discounts and commissions [3]. Group 2: Underwriters and Management - Goldman Sachs & Co and JP Morgan are the lead book-running managers for the IPO, with Citigroup, Wells Fargo Securities, and RBC Capital Markets as active book-running managers [3]. - Citizens Capital Markets, Keefe, Bruyette & Woods, A Stifel Company, and KeyBanc Capital Markets are acting as co-managers for the offering [3]. Group 3: Company Background - Founded in 2008, Wealthfront is a technology-driven financial platform that provides investing, borrowing, cash management, and financial planning solutions [4]. - The company utilizes automation to deliver low-cost diversified portfolios and aims for rapid and convenient service delivery [4]. - In January 2022, UBS intended to acquire Wealthfront for up to $1.4 billion in cash, but the deal was mutually terminated later that year [4].
Wealthfront Announces Launch of Initial Public Offering
Globenewswire· 2025-12-02 11:15
PALO ALTO, Calif., Dec. 02, 2025 (GLOBE NEWSWIRE) -- Wealthfront, a tech-driven financial platform helping digital natives turn their savings into wealth, today announced that it has launched the roadshow for its proposed initial public offering of its common stock. Wealthfront has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) to offer 34,615,384 shares of its common stock to the public. The offering consists of 21,468,038 shares of common stock bein ...
X @Sui
Sui· 2025-10-11 18:37
RT Suilend (@suilendprotocol)Suilend is stable and operating normally.Deposits, borrowing and withdrawals are functioning as expected. We’re actively monitoring market conditions and platform health.For assistance, please reach us on Discord. ...
X @Ammalgam (δ, γ)
Ammalgam (δ, γ)· 2025-10-06 20:52
Ammalgam Protocol Overview - Ammalgam协议将所有存款整合到一个资金池中,用于支持交易、借贷和融资 [1] - 用户的资金可以同时产生交易费用、赚取借贷利息,并在整个协议中充分利用 [1] Capital Efficiency - 用户的资本在协议中始终保持完全生产力 [1]