Ibotta Closes IPO, Raises $137.7M

TL;DR

IBTA IPO closed, raised $137.7M at $21/share.

AI Summary

Ibotta, Inc. filed an 8-K on April 22, 2024, to report on the closing of its initial public offering (IPO). The company offered 6,557,377 shares of its common stock at a price of $21.00 per share, raising gross proceeds of approximately $137.7 million before deducting underwriting discounts and commissions and other offering expenses. The IPO closed on April 22, 2024.

Why It Matters

This filing confirms the successful completion of Ibotta's IPO, providing the company with significant capital and marking a new chapter as a publicly traded entity.

Risk Assessment

Risk Level: medium — The IPO process and subsequent trading performance carry inherent market risks for investors.

Key Numbers

• $137.7M — Gross Proceeds (Raised from the IPO before expenses.)
• $21.00 — Share Price (Price per share in the IPO.)
• 6,557,377 — Shares Offered (Total number of shares sold in the IPO.)

Key Players & Entities

• Ibotta, Inc. (company) — Registrant
• April 22, 2024 (date) — Date of Report
• $21.00 (dollar_amount) — IPO price per share
• 6,557,377 (dollar_amount) — Number of shares offered
• $137.7 million (dollar_amount) — Gross proceeds from IPO

FAQ

Key Financial Figures

• $0.00001 — which registered Class A Common Stock, $0.00001 par value per share IBTA New York Stock

Filing Documents

• ibotta-closing8xk.htm (8-K) — 28KB
• exhibit31-8xk.htm (EX-3.1) — 97KB
• exhibit32-8xk.htm (EX-3.2) — 217KB
• 0001628280-24-017111.txt ( ) — 344KB

03 Amendments to Articles of Incorporation or Bylaws

Item 5.03 Amendments to Articles of Incorporation or Bylaws On April 22, 2024, Ibotta, Inc. (the " Company ") filed an amended and restated certificate of incorporation (the " Restated Certificate ") with the Secretary of State of the State of Delaware in connection with the completion of the Company's initial public offering (the " IPO "). A description of the Restated Certificate is set forth in the sections entitled "Risk Factors" and "Description of Capital Stock" of the Company's Prospectus (the " Prospectus ") filed with the Securities and Exchange Commission on April 18, 2024 pursuant to Rule 424(b) under the Securities Act of 1933, as amended (the " Securities Act "), relating to the Registration Statement on Form S-1, as amended (Registration No. 333-278172). The description of the Restated Certificate is qualified in its entirety by reference to the full text of the Restated Certificate filed herewith as Exhibit 3.1 and incorporated herein by reference. Effective as of April 22, 2024, the Company's bylaws were amended and restated (the " Restated Bylaws ") in connection with the completion of the IPO. A description of the Restated Bylaws is set forth in the sections of the Prospectus entitled "Risk Factors" and "Description of Capital Stock." The description of the Restated Bylaws is qualified in its entirety by reference to the full text of the Restated Bylaws filed herewith as Exhibit 3.2 and incorporated herein by reference.

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure Channels for Disclosure of Information Investors and others should note that the Company may announce material information to the public through filings with the Securities and Exchange Commission, its website (www.ibotta.com), press releases, public conference calls, and public webcasts . The Company uses these channels, as well as social media and its blog, to communicate with the public about the Company and other matters. As such, investors, the media and others are encouraged to review the information disclosed through the Company's social media, blog and other channels listed above as such information could be deemed to be material information. Please note that this list may be updated from time to time. The information furnished pursuant to Item 7.01 on this Form 8-K, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the " Exchange Act "), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such a filing.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit Description 3.1 Amended and Restated Certificate of Incorporation of the Registrant. 3.2 Amended and Restated Bylaws of the Registrant.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. IBOTTA, INC. By s Bryan Leach Name Bryan Leach Title Founder, Chief Executive Officer, President, and Chairman of the Board of Directors Dated April 22, 2024

View Full Filing

View this 8-K filing on SEC EDGAR