Ticker Launch

IPO · PTRN

Pattern Group Inc.

Formerly Covalent Group, Inc.

Pattern Group Inc. (PTRN) priced its initial public offering on Sep 19, 2025 at $14.00 per share, within its $13.00–$15.00 range, raising $300M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $2.46B. Goldman Sachs was lead-left underwriter, joined by J.P. Morgan, Evercore ISI and Jefferies and others. Goodwin Procter advised the company and Latham & Watkins advised the underwriters.

Pattern Group Inc. helps brands grow sales on global ecommerce marketplaces. Its proprietary technology and on-demand experts operate across more than 60 marketplaces in over 100 countries, using machine learning to optimize advertising, content, pricing, forecasting and customer service.

Status
IPO
Ticker
PTRN
Exchange
Nasdaq Global Select
Priced
Sep 19, 2025
IPO price
$14.00
Price range
$13.00–$15.00
Raised
$300M
Market cap at IPO price
$2.46B
First filed
Aug 22, 2025
Underwriters
Goldman Sachs, J.P. Morgan, Evercore ISI, Jefferies, Baird, BMO Capital Markets, KeyBanc, Needham, Stifel and William Blair
Company counsel
Goodwin Procter
Underwriters' counsel
Latham & Watkins
Sector
Consumer
Country / state
UT

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

More on this listing for subscribers

Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.

Then $99/month or $999/year. Cancel anytime.

Filings

Other Consumer IPOs in 2025