Chime, last valued at $25B, aims for $11B in upcoming IPO

Chim, whose pending IPO 2025 is expected to be one of the blockbuster hits, Put Monday to $ 24 to $ 26 from $ 26 share prices.

It is a to-to-to-$ 11.2-billion Market CapThe In the mid-range, the company will raise $ 800 million for itself and a handful of investors, including the European VC Power House Cathese Innovation, who are planning to sell some shares on the IPO.

Even at this slow IPO, it would not be the largest IPO of 2025 COR CORWEV, Which has collected $ 1.5 billionAnd it was worth $ 23 billion, holding that title. This is, though Corwive expected a lot more than his IPO.

Nevertheless, the IPO of the pinch is a focus that the company is reporting the rapid revenue growth and reduction expenditure. It reports $ 1.5 billion in 2021 and $ 1.7 billion in 2021 – and has already booked more than $ 1 million in the first quarter of 2021. In 2021, $ 20 million was damaged from $ 20 million to $ 20 million.

The only black eye of the chim is that the last known private evaluation of the pitchbook was $ 25 billion, much higher than this goal. However, it does not mean much. If investors are hot for this stock, it will give its IPO the price above the target range. And if retailers want it on the first day of the business, its evaluation will be pop from there.

And at least one sight strong indicates that the interior thinks it will do it: even except the cathento was thirsty in the initiative nowadays, The largest shareholders of the chim are notAt this point, sales, according to it The latest filingThe We will see if any other filing reveals more internal sales. However, other big investors who hold their partners include Bilione Yuri Milan’s DST Global, Michael Stark’s Crossland Capital and Billionaire Lane Blavatnick’s Access Industries, as well as VC Farms General Atlantic, Menlo Ventures (Leader of Board Member) and Iknik.

IPO is currently expected to take place in the week of June 9th.