Rocket Trims IPO By 39 Pct From $3.3B To $2B After Investors Reject Valuation
PYMNTS
AUGUST 5, 2020
The Detroit-based company is expected to market a reduced number of shares at about $18 to $20 apiece, Bloomberg reported, citing sources. billion and offered 150 million shares for $20 to $22 each, according to a filing with the Securities and Exchange Commission (SEC). Last month, Gilbert sought an IPO for $3.3
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