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Walmart-Backed Ibotta, Holders Seek Up to $472.5 Million in IPO

Ibotta Inc., a digital marketing software firm that counts Walmart Inc. as a backer, and shareholders are seeking to raise as much as $472.5 million in an initial public offering.The Denver-based company, which helps brands deliver mobile promotions through rewards and rebates, is offering 2.5 million shares for $76 to $84 each, according to a filing Monday with the US Securities and Exchange Commission. Shareholders including Chief Executive Officer Bryan Leach and Koch Industries Inc.’s ventur...

Read more at bloomberg.com

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