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Wealthfront Launches IPO Roadshow, Sets $12–$14 Price Range for Nasdaq Debut

Filings highlight profitability, with a mix of new shares plus secondary sales targeting a $2.05 billion valuation.

Overview

  • The company is offering 34,615,384 shares to raise about $485 million, based on the indicated range.
  • The deal includes 21,468,038 newly issued shares and 13,147,346 from existing holders, from which Wealthfront receives no proceeds.
  • Wealthfront has applied to list under the ticker WLTH on the Nasdaq Global Select Market, with Goldman Sachs and J.P. Morgan leading the underwriting group.
  • Underwriters have a 30-day option to buy up to 5,192,308 additional shares at the IPO price, less discounts and commissions.
  • The S-1 shows profitability with $123 million in net income and $339 million in revenue for the period ended July 31, 2025.