Blend Labs (BLND) Announces 20M Share IPO at $16-$18/sh
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Blend Announces Launch of Initial Public Offering
July 6, 2021 6:21 AM EDTSAN FRANCISCO, July 6, 2021 /PRNewswire/ -- Blend Labs, Inc. today announced that it has launched the roadshow for the initial public offering of its Class A common stock. Blend is offering 20,000,000 shares of its Class A common stock. The initial public offering price is expected to be between $16.00 and $18.00 per share. The underwriters of the offering will also have a 30-day option to purchase from Blend up to an additional 3,000,000 shares of its Class A common stock. The shares are expected to trade on the New York Stock Exchange under the ticker symbol "BLND".
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