Overview

• Klarna and selling shareholders plan to offer about 34.3 million shares at $35–$37 each to raise up to $1.27 billion, with the stock set to list on the NYSE under the ticker KLAR.
• Roughly 5.6 million shares will be newly issued by Klarna while about 28.8–29 million come from existing holders, including entities tied to Sequoia Capital, Heartland A/S and co‑founder Victor Jacobsson; Goldman Sachs, J.P. Morgan and Morgan Stanley are lead underwriters.
• The price range implies a valuation of roughly $14 billion, far below the company’s 2021 peak but well above its 2022 trough.
• Klarna reports 111 million active consumers and about 790,000 merchants in 26 countries, with recent filings showing strong revenue growth (Q2 revenue of $823 million) alongside continued net losses.
• The company paused its IPO in April after market turmoil linked to tariff announcements and has now restarted the process, with Bloomberg reporting a potential pricing around Sept. 9–10 even as the filing sets no listing date.