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Posted by
Two Blokes Jun 6 -
Filed in
Stock
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After years of anticipation, Chime is planning to go public at an $11.2 billion valuation in an offering that will attempt to raise $832 million of capital. Chime, which will list on the Nasdaq Stock Exchange under the ticker "CHYM," will issue as many as 32 million shares at an initial price that is expected to be between $24 and $26 per share, although things could change after management does its "road show," during which it will pitch itself to potential investors to try and drum up excitement.
