Willkie represented the underwriters in the $577 million initial public offering of Ibotta, Inc. (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions.

On April 17, Ibotta announced the pricing of its initial public offering of 6,560,700 shares of its Class A common stock at a public offering price of $88.00 per share. In connection with the offering, which closed on April 22, 2,500,000 shares of Class A common stock were sold by Ibotta and 4,060,700 shares of Class A common stock were sold by certain selling stockholders. The selling stockholders also granted the underwriters a 30-day option to purchase up to an additional 984,105 shares of Class A common stock.

Willkie clients Goldman Sachs & Co. LLC, Citigroup and BofA Securities acted as joint lead book-running managers for the offering.

The Willkie team was led by partners David Boston and Tej Prakash with associates Candace Mashel and Nicholas Maetta.