Buy Swedish-now, pay-3 (BNPL) Startup Clarna and its shareholders are reviving their initial public offer, hoping to raise more as $ 1.27 billion in a list that will give the company a price of up to $ 14 billion.
The company and some of its shareholders are selling around 34.3 million shares between $ 35 and $ 37 simultaneously, the company said. Update For its registration details on Tuesday. Clarna will get income from about 5.6 million shares, while its shareholders are unloading about 29 million shares.
The company plans to list its shares on the New York Stock Exchange under Tikar “Clar”.
Clarna has long been expecting that she is in view of the pandemic boom after publicly thanking her BNPL lending model for the mass success: six years later Launching in americaThe company hit an evaluation More than $ 45 billion In 2021. However, the company is shutting down its IPO plans as the market has changed at the end of the ZIRP era, its price tag 85% to $ 6.5 billion fall When the 2021 Vencher Capital Valuction Bubble exploded.
Nevertheless, Clarna is growing well: its revenue increased by 54% in the second quarter to $ 823 million in the second quarter, $ 6.9 billion for a 14% increase in gross goods price. The company’s lower line is still in red color with net loss in $ 53 million, although it is 42% less than a net loss of $ 92 million a year ago.
Goldman Sachs, JP Morgan, and Morgan Stanley are offered, and Bofa Securities, Citigroup, Deuts Bank, Society Generail, UBS and many other banks are also working on the deal.