Overview

• StubHub filed to sell more than 34 million shares at $22 to $25 each, seeking to raise up to about $851 million and value the company as high as $9.2 billion.
• The company plans to list on the New York Stock Exchange under the ticker STUB.
• An updated prospectus shows first‑quarter revenue rose 10% year over year to $397.6 million, operating income reached $26.8 million, and the net loss widened to $35.9 million.
• JPMorgan and Goldman Sachs are leading the offering as the IPO returns to a busier 2025 calendar that recently featured listings by Figma, Bullish, and Circle.
• No listing date was disclosed in the filing, though a source told Fast Company the debut could come as soon as next week.