Ibotta

Ibotta Announces Full Exercise of Underwriters’ Option to Purchase Additional Shares in Initial Public Offering

Retrieved on: 
Thursday, April 25, 2024
Bank of America, Sale, Prospectus, UBS, Security (finance), Ibotta, JMP, Evercore, BofA Securities, Wells Fargo, Attention, Telephone

Ibotta did not receive any proceeds from the sale of the shares by the selling stockholders.

Key Points: 
  • Ibotta did not receive any proceeds from the sale of the shares by the selling stockholders.
  • Citizens JMP, Needham & Company and Raymond James acted as co-managers for the offering.
  • The offering was made only by means of a prospectus.
  • A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on April 17, 2024.

Ibotta Announces Pricing of Initial Public Offering

Retrieved on: 
Thursday, April 18, 2024
Bank of America, Sale, Prospectus, UBS, Security (finance), Ibotta, JMP, Evercore, BofA Securities, Wells Fargo, Attention, Telephone

DENVER, April 17, 2024 (GLOBE NEWSWIRE) -- Ibotta, Inc. (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions, announced today the pricing of its initial public offering of 6,560,700 shares of its Class A common stock, 2,500,000 of which are being sold by Ibotta and 4,060,700 of which are being sold by certain selling stockholders, at a public offering price of $88.00 per share.

Key Points: 
  • DENVER, April 17, 2024 (GLOBE NEWSWIRE) -- Ibotta, Inc. (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions, announced today the pricing of its initial public offering of 6,560,700 shares of its Class A common stock, 2,500,000 of which are being sold by Ibotta and 4,060,700 of which are being sold by certain selling stockholders, at a public offering price of $88.00 per share.
  • In connection with the offering, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 984,105 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions.
  • Ibotta will not receive any proceeds from the sale of the shares by the selling stockholders.
  • Citizens JMP, Needham & Company and Raymond James are acting as co-managers for the offering.

Ibotta Announces Launch of Initial Public Offering

Retrieved on: 
Monday, April 8, 2024
BofA Securities, JMP, UBS, Exchange, Goldman Sachs, Wells Fargo, Telephone, Sale, Attention, Prospectus, Ibotta, Bank of America, Evercore, Security (finance)

Ibotta will not receive any proceeds from the sale of shares by the selling stockholders.

Key Points: 
  • Ibotta will not receive any proceeds from the sale of shares by the selling stockholders.
  • In addition, the underwriters will have a 30-day option to purchase up to an additional 843,750 shares of Class A common stock from the selling stockholders at the initial public offering price, less underwriting discounts and commissions.
  • The initial public offering price is estimated to be between $76.00 and $84.00 per share.
  • Citizens JMP, Needham & Company and Raymond James will act as co-managers for the proposed offering.

Ibotta Expands Senior Leadership Team, Adds Seasoned CLO David Shapiro

Retrieved on: 
Monday, February 19, 2024
IA Financial Group, IPN, Risk management, CPG, Sale, Government, General counsel, Ibotta

DENVER, Feb. 19, 2024 (GLOBE NEWSWIRE) -- Ibotta , a leading technology company providing digital promotions and performance marketing solutions, has hired seasoned legal, compliance, and strategy leader David Shapiro as the company’s first Chief Legal Officer.

Key Points: 
  • DENVER, Feb. 19, 2024 (GLOBE NEWSWIRE) -- Ibotta , a leading technology company providing digital promotions and performance marketing solutions, has hired seasoned legal, compliance, and strategy leader David Shapiro as the company’s first Chief Legal Officer.
  • Shapiro will join Ibotta’s Senior Leadership Team and oversee all legal, risk management, and corporate governance activities.
  • “I have known David personally for several years, and I am thrilled to welcome him to our leadership team.”
    David most recently served as Executive Vice President and General Counsel at Vail Resorts.
  • “I am very excited about this incredible opportunity and honored to join this innovative and forward-thinking organization,” Shapiro said.

Ibotta Debuts Free Thanksgiving for Life Giveaway with $100K in Prizes, Alongside Fourth Annual Holiday Savings Program

Retrieved on: 
Wednesday, November 1, 2023
Meal, Food, Cooking, Family, Consumer, Cranberry sauce, Savers, Friends, Life, SNAP, Free, MST, Ibotta

In addition to offering 100 percent cash back on its Thanksgiving bundle, Ibotta is taking this year’s campaign up a notch with a giveaway that will reward 25 lucky winners with Free Thanksgiving for Life.

Key Points: 
  • In addition to offering 100 percent cash back on its Thanksgiving bundle, Ibotta is taking this year’s campaign up a notch with a giveaway that will reward 25 lucky winners with Free Thanksgiving for Life.
  • This year’s Thanksgiving bundle includes savings on turkey, cranberry sauce, corn muffin mix, gravy mix and more.
  • To win Free Thanksgiving for Life, consumers can either refer a friend via the Ibotta app, or create a pantry restocking video on TikTok.
  • To learn more about this year’s Thanksgiving program, visit https://bit.ly/48DcK7d ; for the Free Thanksgiving for Life giveaway, https://bit.ly/45gaOPg .

Ibotta Celebrates Commitment to Denver by Becoming the Official Jersey Patch Sponsor of the 2023 NBA Champion Denver Nuggets

Retrieved on: 
Tuesday, October 24, 2023
Gold, Kroenke Sports & Entertainment, Holiday, Social media, NBA, SVP, Life, Likeness, Work, Marketing, Partnership, Denver Nuggets, Season, CMO, Nuggets, Sport, Ibotta

DENVER, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Ibotta , a leading performance marketing platform and cash back rewards provider, today announced it will become the official jersey patch partner of the reigning NBA champion Denver Nuggets.

Key Points: 
  • DENVER, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Ibotta , a leading performance marketing platform and cash back rewards provider, today announced it will become the official jersey patch partner of the reigning NBA champion Denver Nuggets.
  • As a prelude to the jersey patch, the partnership was teased with digital marketing and a first-of-its-kind preseason patch, where Ibotta gold coins appeared on Nuggets jerseys and as rotating digital coins on in-arena digital displays.
  • "The gold coins were a fun teaser, and we’re proud that we can now formally announce our partnership with the Denver Nuggets – an all-around world-class organization,” said Bryan Leach, founder and CEO of Ibotta.
  • The official patch will debut tonight in Denver at the home opener and following the Nuggets’ banner ceremony.

Ibotta Expands Leadership Team with Appointment of Former Goldman Sachs Executive to Senior Vice President of Finance

Retrieved on: 
Tuesday, October 3, 2023
IPN, Nils, Goldman Sachs, Edmund von Hellmer, Social media, Corporate development, Management, Ibotta, Finance

DENVER, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Ibotta , the leading performance marketing platform, announced it has hired seasoned financial strategist and industry executive, Nils Hellmer, as Senior Vice President of Finance, Investor Relations, and Corporate Development.

Key Points: 
  • DENVER, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Ibotta , the leading performance marketing platform, announced it has hired seasoned financial strategist and industry executive, Nils Hellmer, as Senior Vice President of Finance, Investor Relations, and Corporate Development.
  • In this new role, Hellmer will oversee all financial and treasury operations, and will lead Ibotta’s corporate development initiatives.
  • He will also serve as the company’s primary point of contact with the investment community, and will advise on opportunities to maximize Ibotta’s financial performance.
  • Ibotta has also redefined the world of performance marketing through the Ibotta Performance Network, its AI-enabled platform that benefits consumers and marketers alike.

Ibotta Unlocks Earning Possibilities for Every College Athlete Nationwide Through First-of-its-Kind NIL Partner Program

Retrieved on: 
Wednesday, September 27, 2023
Partnership, University, Marketing, D1, NIL, Athlete, Swimming, CAPP, Gymnastics, Sport, Duke, Social media, Female, Ibotta

Through Ibotta’s College Athlete Partner Program (CAPP), every college athlete in the U.S. can begin to earn money by creating content and referring others to Ibotta.

Key Points: 
  • Through Ibotta’s College Athlete Partner Program (CAPP), every college athlete in the U.S. can begin to earn money by creating content and referring others to Ibotta.
  • Plus, with the College Athlete Partner Program, I can save even more by referring my friends to help them do the same."
  • Through this program, Ibotta collaborated with UConn’s Paige Bueckers and a number of other prominent female college athletes to promote smart shopping.
  • For more information on Ibotta’s College Athlete Partner Program and how to join, visit https://home.ibotta.com/capp .

Ibotta Announces New Partnership to Champion Female Collegiate Athletes

Retrieved on: 
Tuesday, June 13, 2023
Exercise, Partnership, Food, Parent, Eating, Woman, Meal, Human, Movement, NIL, Athlete, TBG, New Orleans Pelicans, Sport, New Orleans, Social media, Female, Ibotta, University of Connecticut

Through this partnership, Ibotta will partner with female collegiate athletes, including UConn’s women’s basketball star Paige Bueckers.

Key Points: 
  • Through this partnership, Ibotta will partner with female collegiate athletes, including UConn’s women’s basketball star Paige Bueckers.
  • Through this exercise, they’ll show their parents just how much they can save on those purchases just by using Ibotta.
  • “Being a part of Ibotta’s first-ever female collegiate partnership feels absolutely incredible,” said Paige Bueckers, UConn basketball player.
  • “This partnership is a slam dunk for all involved, and we look forward to building on Ibotta’s commitment to collegiate athletes together in the year to come.”
    For more information on Ibotta and how to make every purchase rewarding, visit Ibotta.com .

Ibotta Performance Network Solves Loyalty Problem Challenges; Debuts 3x ROAS Guarantee

Retrieved on: 
Monday, May 15, 2023
IPN, Advertising, Sale, Acquisition, Walmart, Mass, Risk, RAAS, Coffee, Online shopping, Sales, Ibotta

DENVER, May 15, 2023 (GLOBE NEWSWIRE) --  As the Ibotta Performance Network (IPN) celebrates its first anniversary, Ibotta, the leading performance marketing platform, debuts a new program that guarantees 3x return on advertising spend (ROAS) for brands and manufacturers who choose to participate.

Key Points: 
  • DENVER, May 15, 2023 (GLOBE NEWSWIRE) --  As the Ibotta Performance Network (IPN) celebrates its first anniversary, Ibotta, the leading performance marketing platform, debuts a new program that guarantees 3x return on advertising spend (ROAS) for brands and manufacturers who choose to participate.
  • “Our vision for the Ibotta Performance Network is to deliver performance marketing at unprecedented scale, and we have done just that, thanks in large part to our network partners like Walmart and Dollar General," said Bryan Leach, founder and Chief Executive Officer at Ibotta.
  • Advertisers on the Ibotta Performance Network average nearly a 50% lift in incremental units sold, with 42% of conversions being new-to-brand.
  • To learn more about the Ibotta Performance Network, visit ipn.ibotta.com .