The Economic Times

Liftoff Mobile IPO: Blackstone-backed firm to list on Nasdaq as LFTO, seeks $5.17 billion valuation as US IPO market revives

Liftoff Mobile IPO: Liftoff Mobile is preparing for its public debut, aiming for a valuation up to $5.17 billion. The mobile app marketing firm plans to raise as much as $762 million. This move signals a revival in the US IPO market after a slowdown. Liftoff, backed by Blackstone, will list on Nasdaq under the ticker LFTO.