Lulu's Fashion Lounge Holdings, Inc.

Lulu's Fashion Lounge Holdings, Inc. (LVLU) priced its initial public offering on Nov 12, 2021 at $16.00 per share, within its $16.00–$19.00 range, raising $92M, and listed on Nasdaq Global Market. At the IPO price its market capitalization was about $614.8M. Goldman Sachs was lead-left underwriter, joined by BofA Securities, Jefferies and Baird and others. Latham & Watkins advised the company and Cooley advised the underwriters.

Lulu's Fashion Lounge Holdings, Inc. is a digitally native fashion brand serving mainly Millennial and Gen Z women. It uses data and human insight to offer an affordable assortment of fashion and a personalized online shopping experience.

Status

IPO

Ticker

LVLU

Exchange

Nasdaq Global Market

Priced

Nov 12, 2021

IPO price

$16.00

Price range

$16.00–$19.00

Raised

$92M

Market cap at IPO price

$614.8M

First filed

Oct 12, 2021

Underwriters

Goldman Sachs, BofA Securities, Jefferies, Baird, TD Cowen, KeyBanc, Piper Sandler and Telsey

Company counsel

Latham & Watkins

Underwriters' counsel

Cooley

Sector

Consumer

Country / state

CA

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