Estimated reading time: 0 minutes, 15 seconds

LoanDepot, in Slimmed-Down IPO, Raises Only $54M

Saturday, Feb 13 2021
Lending
Written by 

Online mortgage lender LoanDepot has raised $54 million in a downsized initial public offering. So reports Renaissance Capital’s IPO Center.

!--more-->The offering included 11.2 million fewer shares than expected and raised 82% less than anticipated in proceeds. LoanDepot offered 3.9 million shares at $14.

Read the full post from Renaissance Capital’s IPO Center.

Read 2306 times
Rate this item
(0 votes)
More in this category: « Stearns Lending Promotes Steve Smith to President Forbearances Fall Below 2.7M for First Time Since April: Black Knight »

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline