IPO Journey
Liftoff Mobile, Inc.
IPO Date: June 4, 2026 · 9 filings tracked
Final Offer Terms
Ticker
LFTO
Exchange
Nasdaq Global Select Market
Offer Price
$23.00
Shares Offered
19,000,000
Estimated Proceeds
$437.0M
Underwriters
Led by Goldman Sachs & Co. LLC, Jefferies
Morgan StanleyBarclaysRBC Capital MarketsUBS Investment BankWells Fargo SecuritiesWilliam BlairCantorDeutsche Bank SecuritiesPJT PartnersWolfe | Nomura AllianceBTIGNeedham & CompanyRaymond JamesBlackstone Capital MarketsMUFGStifelLUMA SecuritiesBancroft CapitalCabrera Capital Markets LLCDrexel HamiltonIndependence Point SecuritiesTigress Financial Partners
Filing Timeline
1
S-1
January 13, 2026
- Proprietary 'Cortex' AI engine optimizes ad-targeting across 140,000+ apps
- Diversified revenue stream with 33% of supply coming from non-gaming apps
2
S-1/A
January 16, 2026
- Proprietary 'Cortex' AI engine drives high-performance ad targeting
- Strong revenue scale with $488 million generated in the first nine months of 2025
3
S-1/A
January 28, 2026
- Massive scale reaching 1.4 billion daily active users worldwide.
- Proprietary 'Cortex' AI engine enables real-time, high-performance ad targeting.
4
S-1/A
January 29, 2026
- Proprietary 'Cortex' AI engine optimizes high-value post-install user engagement.
- Significant scale with software integrated into over 140,000 mobile apps.
Changes from previous filing
- ▸ Expected offer range: $26.0 – $30.0 per share
- ▸ Shares offered: 25,400,000
- ▸ Estimated proceeds: $660M
5
S-1
April 17, 2026
- Strong revenue growth, reaching $685.7 million in 2025
- Significant increase in operational efficiency with Adjusted EBITDA rising to $374 million
Changes from previous filing
- ▸ Price range removed
6
S-1/A
May 4, 2026
- Rapid revenue growth from $519M in 2024 to $685M in 2025.
- Achieved profitability with $49.3M net income in Q1 2026.
7
S-1/A
May 29, 2026
- Rapid revenue growth of 37% year-over-year as of Q1 2026.
- Proprietary 'Cortex' AI engine processes billions of daily data points.
Changes from previous filing
- ▸ Expected offer range: $20.0 – $22.0 per share
- ▸ Shares offered: 19,000,000
- ▸ Estimated proceeds: $380M
8
S-1/A
June 2, 2026
- Rapid revenue growth from $519M in 2024 to $685M in 2025.
- Achieved profitability with $49M in profit during Q1 2026.
424B4
Final Pricing
June 4, 2026
- Achieved profitability with $49.3 million in Q1 2026 profit
- Strong enterprise base with 384 clients spending over $100,000 annually
Changes from previous filing
- ▸ Price range removed
- ▸ Final offer price: $23.0 per share
- ▸ Estimated proceeds: $437M
- ▸ Underwriters: Goldman Sachs & Co. LLC, Jefferies, Morgan Stanley, Barclays, RBC Capital Markets, UBS Investment Bank, Wells Fargo Securities, William Blair, Cantor, Deutsche Bank Securities, PJT Partners, Wolfe | Nomura Alliance, BTIG, Needham & Company, Raymond James, Blackstone Capital Markets, MUFG, Stifel, LUMA Securities, Bancroft Capital, Cabrera Capital Markets LLC, Drexel Hamilton, Independence Point Securities, Tigress Financial Partners
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