Klarna revives IPO plans, aims to raise $1.27B

Now, the Swedish purchase-Pay Leter (BNPL) Startup Clarsa and its shareholders are recovering its initial public offer, hoping to increase $ 1.27 billion in a list, which will cost the company’s value up to $ 14 billion.

The company and some of its shareholders are selling about 34.3 million shares at a time, between $ 35 and $ 37, the company has said at one Update In the statement of its registration on Tuesday. Clarsa will earn from about 1..6 million shares, while its shareholders are offloading about 20 million shares.

The company plans to list its shares on the New York Stock Exchange under Ticker “Cler”.

Clarsa thanks to the public for the huge success of her BNPL NDing model for a long time: in the context of Post-Pandemic Boom: six years later Is launching in the United StatesThe company has made an evaluation More than $ 45 billion In 2021. However, with the launch of the market at the end of the Zirp era, the company is shutting down its IPO plans, its price tag To $ 6.5 billion in 85% decreased When the capital evaluation of the 2021 initiative burst into bubble.

Nevertheless, Clarsa is recovering: its income of the second quarter has risen to $ 823 million in the second quarter than a year ago, its total merchandise price increased by 14% to $ 6.9 billion. The bottom line of the company is still on Red whose net loss is $ 53 million, though it is $ 92 million less than a nit loss a year ago.

Goldman Shutches, JP Morgan and Morgan Stanley are operating the offer, and Bofa Securityis, City Group, Deutsche Bank, Society General, UBS and several other banks are also working on the agreement.