In a $437 million raise, Blackstone-backed Liftoff Mobile is the first ad tech IPO in more than 12 months, drawing comparisons with AppLovin.

Liftoff Announces Pricing of Initial Public Offering

Liftoff Mobile raised $437M in its Nasdaq IPO, pricing 19 million shares at $23 each above the marketed range, valuing the adtech company at $3.83 billion.

Liftoff Mobile raised $437M in its Nasdaq IPO, pricing 19 million shares at $23 above range, backed by Blackstone, with a $3.83 billion valuation.

Liftoff’s COO on why the company delayed its IPO, what changed and how ad tech is already proving AI’s value.

Explore the latest stories, trends, and expert commentary from AdExchanger's Mobile section—your source for news, analysis, and industry insights.

In a $437 million raise, Blackstone-backed Liftoff Mobile is the first ad tech IPO in more than 12 months, drawing comparisons with AppLovin.