Ticket-Seller SeatGeek Adds Citigroup, Wells Fargo to IPO
- Banks join Morgan Stanley on company’s planned listing
- SeatGeek seeking a valuation in an IPO above $1.35 billion
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Ticket-seller SeatGeek has added banks to the lineup for its planned initial public offering that could take place toward the end of this year, according to people familiar with the matter.
The company is working with Citigroup Inc. and Wells Fargo & Co. on the planned listing, which is being led by Morgan Stanley, the people said. SeatGeek is targeting a valuation in an IPO exceeding the $1.35 billion figure agreed in a 2021 deal to go public via a blank-check company, the people said. The transaction was scrapped the following year.