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Affirm Holdings prices US IPO above target range, raises $1.2B – Fox Business

Affirm Holdings sold shares in its IPO at $49 apiece, above its target range, to raise $1.2 billion

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Affirm Holdings Inc, a U.S. provider of installment loans to online shoppers, said on Wednesday it sold shares in its initial public offering (IPO) at $49 apiece, above its target range, to raise $1.2 billion.
Affirm said it offered 24.6 million shares of its Class A common stock, and that shares are due to begin trading on the Nasdaq later in the day under the symbol “AFRM”.
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Affirm, founded by PayPal Holdings Inc co-founder Max Levchin, had planned to…

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