ITG, Inc./DE/ went public at $16.00 a share
It sold 19,512,196 shares on Nasdaq under the ticker ITG and raised $312.2 million before costs.
Final prospectus (424B4) filed July 2, 2026
The terms
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Offered
19,512,196 shares
Checked
Source
“We are offering 19,512,196 shares of Class A common stock.”
A model read this, and code confirmed the quote appears in the filing. -
Price per share
$16.00
Checked
Source
“The initial public offering price of Class A common stock will be $16.00 per share.”
A model read this, and code confirmed the quote appears in the filing. -
Raised
$312,195,136before fees and costs
Checked
Source and check
Shares × price = 19,512,196 × $16.00 = $312,195,136. They match.
“Initial public offering price | $16.00 | $312,195,136.00”
A model read this, and code confirmed the quote appears in the filing. -
Bank fee
$17,951,220.32$0.92 a share, 5.8% of the raise
Checked
Source
“Underwriting discount(1) | $0.92 | $17,951,220.32”
A model read this, and code confirmed the quote appears in the filing. -
Company receives first
$294,243,915.68before other costs
Checked
Source and check
Raised − bank fee = $312,195,136 − $17,951,220.32 = $294,243,915.68. They match.
“Proceeds to us, before expenses | $15.08 | $294,243,915.68”
A model read this, and code confirmed the quote appears in the filing. -
Lead banks
Morgan Stanley, Citigroup, UBS Investment Bank, Stifel
From the prospectus
Source
“Joint Bookrunners Morgan Stanley | Citigroup | UBS Investment Bank | Stifel”
A model read this, and code confirmed the quote appears in the filing. -
Trades as
ITG on Nasdaq
Checked
Source
“We have been approved to list our Class A common stock on Nasdaq under the symbol “ITG.””
A model read this, and code confirmed the quote appears in the filing. -
Extra for the banks
Up to 2,926,829 sharesan option the banks may use
From the prospectus
Source
“We have granted the underwriters an option to purchase up to an additional 2,926,829 shares of Class A common stock from us to cover over-allotments at the initial price to the public less the underwriting discount within 30 days of the date of this prospectus.”
A model read this, and code confirmed the quote appears in the filing. - Final prospectus filed July 2, 2026
Not investment advice.Open the filing on SEC.gov
Where the money goes first
The banks take their fee before the company sees the money.
Where ITG, Inc./DE/ sits among the last 12 months
Each bubble is one IPO. Bigger and higher means more money raised. The scale grows by ten times at each line.
New to these terms? How to read an IPO.