Luxury goods and vintage marketplace 1stDibs has set the price for its initial public offering at US$20 per share
Luxury goods and vintage marketplace 1stdibs.com, Inc. (1stDibs) has set the price for its initial public offering at US$20 per share.
The company is offering an aggregate of 5,750,000 shares of its common stock.
The shares began trading on the Nasdaq Global Market under the ticker symbol “DIBS” on June 10, 2021.
The gross proceeds of the offering, which closes June 14, are expected to be $115 million.
1stDibs is an online marketplace that connects design lovers with sellers and makers of vintage, antique and contemporary furniture, home decor, art, jewellery, watches and fashion.