Bumble Inc.

Bumble Inc. (BMBL) priced its initial public offering on Feb 12, 2021 at $43.00 per share, raising $2.15B, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $4.8B. Goldman Sachs was lead-left underwriter, joined by Citigroup, Morgan Stanley and J.P. Morgan and others. Simpson Thacher advised the company and Simpson Thacher and Davis Polk advised the underwriters.

Bumble Inc. operates an online connection platform built with women at the center, where women make the first move. It was founded to address antiquated gender norms and a lack of kindness online, aiming to be safe, inclusive and accountable for all users.

Status

IPO

Ticker

BMBL

Exchange

Nasdaq Global Select

Priced

Feb 12, 2021

IPO price

$43.00

Raised

$2.15B

Market cap at IPO price

$4.8B

First filed

Jan 15, 2021

Underwriters

Goldman Sachs, Citigroup, Morgan Stanley, J.P. Morgan, Jefferies, RBC Capital Markets, Evercore ISI, BMO Capital Markets, TD Cowen, Raymond James, Stifel and BTIG

Company counsel

Simpson Thacher

Underwriters' counsel

Simpson Thacher and Davis Polk

Sector

Technology

Country / state

TX

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.