Overview
- The sale of roughly 34.3 million shares raised about $1.37 billion, above the marketed $35–$37 range.
- Most proceeds go to selling shareholders, with roughly $200 million allocated to Klarna.
- Investor orders were reported to be many times larger than the shares available, indicating heavy oversubscription.
- Shares list on the New York Stock Exchange under the ticker KLAR, with JPMorgan Chase and Goldman Sachs leading the offering.
- Klarna reported about $823 million in second‑quarter revenue and a net loss near $52–$53 million, while outlining a push beyond BNPL into embedded finance with a stated $520 billion payments opportunity.