US IPOs and Secondary Offerings, IPO Boutique

IPO Boutique

US IPOs and Secondary Offerings

For more than 20 years, we have been providing research, analysis, commentary and ratings on US Equity Capital Markets to institutional investors (US IPOs and Secondary Offerings). Our vast network of contacts across the Equity Capital Markets and attention-to-detail sets us apart from our competitors.

Since 2012, we have achieved a successful hit rating on 89% of Buy-rated IPOs. The collective “Buy” ratings averaged a first trade of 16.3% above issue.Our Neutral Rated Deals averaged just 2% above the issue price at first trade.

Our written research includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

In addition, we provide a high-touch premium desk access which includes analyst access, as well as real time insights on US IPOs as well as secondary offerings.

IPOs and Secondary Offerings

Equity Capital Markets

<ul>
<li>IPO Relaunch: Liftoff Mobile returns to market at a reduced valuation after postponing its February IPO, with early indications suggesting the deal is oversubscribed.</li>
<li>Financial Inflection: First-quarter 2026 results showed 37% Core Advertising growth, 24% net income margins, and 58% Adjusted EBITDA margins.</li>
<li>AI-Powered Scale: Cortex AI drives a platform serving over 1.4 billion daily active users and processing more than $160 billion of in-app transaction data.</li>
</ul>


IPO Relaunch: Liftoff Mobile returns to market at a reduced valuation after postponing its February IPO, with early indications suggesting the deal is oversubscribed.
Financial Inflection: First-quarter 2026 results showed 37% Core Advertising growth, 24% net income margins, and 58% Adjusted EBITDA margins.
AI-Powered Scale: Cortex AI drives a platform serving over 1.4 billion daily active users and processing more than $160 billion of in-app transaction data.


Liftoff Mobile, Inc. (LFTO): AI Advertising IPO Downwardly-Revises Terms, Short Marketing Window

Get Ahead with IPO Insights, IPO Prophet

IPO Prophet

Get Ahead with IPO Insights

At IPO Prophet®, our team leverages over three decades of expertise to deliver actionable quantitative analytics for the IPO market in real-time. This platform synthesizes our extensive experience investing in IPOs, providing investors with revolutionary tools to navigate the complexities of issuance day. Our mission is to empower investors with data-driven insights to make more informed decisions.

<ul><li>✅ IPO PROPHET RATING: 8.18/10 🏦 Deal Quality &amp; Underwriters: 9.1/10 Liftoff Mobile is coming to market under the ticker LFTO, offering approximately 19 million shares at $20 to $22 and targeting roughly $399 million in proceeds.</li><li>The company operates a mobile advertising and app monetization platform that helps advertisers acquire users while enabling app developers to optimize revenue generation across mobile ecosystems.</li><li>Liftoff sits at the intersection of performance marketing, mobile gaming, app monetization, artificial intelligence, and digital advertising analytics.</li></ul>

✅ IPO PROPHET RATING: 8.18/10 🏦 Deal Quality &amp; Underwriters: 9.1/10 Liftoff Mobile is coming to market under the ticker LFTO, offering approximately 19 million shares at $20 to $22 and targeting roughly $399 million in proceeds.The company operates a mobile advertising and app monetization platform that helps advertisers acquire users while enabling app developers to optimize revenue generation across mobile ecosystems.Liftoff sits at the intersection of performance marketing, mobile gaming, app monetization, artificial intelligence, and digital advertising analytics.

<ul><li>Liftoff Mobile, Inc . has returned to the public markets after postponing an earlier IPO attempt in 2026, filing updated terms for a Nasdaq listing under the ticker LFTO .</li><li>The company is offering 19.0 million shares at a price range of $20 to $22 per share , which would raise approximately $399 million at the midpoint and imply an approximate $3.5 billion market value .</li><li>Goldman Sachs, Jefferies, and Morgan Stanley are serving as lead underwriters on the transaction, with the company expected to begin trading on June 4.</li></ul>

Liftoff Mobile, Inc . has returned to the public markets after postponing an earlier IPO attempt in 2026, filing updated terms for a Nasdaq listing under the ticker LFTO .The company is offering 19.0 million shares at a price range of $20 to $22 per share , which would raise approximately $399 million at the midpoint and imply an approximate $3.5 billion market value .Goldman Sachs, Jefferies, and Morgan Stanley are serving as lead underwriters on the transaction, with the company expected to begin trading on June 4.

Liftoff Mobile Returns to the IPO Market as AI-Powered Ad-Tech Platform Targets June 4 Debut

<ul>
<li>Unified DSP/SSP platform powered by Cortex AI connects 1.4 billion daily users, driving durable performance advertising across diversified app verticals. </li>
<li>Revenue growth accelerated to 30% in 2025 YTD, EBITDA trends improved, though competitive risks warrant a measured investment stance.</li>
<li>Channel checks suggest Liftoff’s IPO is well oversubscribed, with Blackstone and General Atlantic retaining full ownership stakes.</li>
</ul>


Unified DSP/SSP platform powered by Cortex AI connects 1.4 billion daily users, driving durable performance advertising across diversified app verticals. 
Revenue growth accelerated to 30% in 2025 YTD, EBITDA trends improved, though competitive risks warrant a measured investment stance.
Channel checks suggest Liftoff’s IPO is well oversubscribed, with Blackstone and General Atlantic retaining full ownership stakes.


Liftoff Mobile, Inc. (LFTO): AI Meets the App Economy in Upcoming Advertising IPO

<ul><li>✅ IPO PROPHET RATING: 7.8/10 🏦 Deal Quality &amp; Underwriters: 8.3/10 Liftoff Mobile is preparing a U.S. initial public offering on the Nasdaq under the ticker LFTO.</li><li>The company is targeting to raise up to approximately $762 million through the sale of about 25.4 million shares at a price range of $26 to $30 per share, implying a valuation in the low-to-mid billions for the combined business.</li><li>Liftoff operates a performance marketing platform that assists mobile app developers in user acquisition and monetization across a broad set of verticals, including gaming, social media, entertainment, and e-commerce.</li></ul>

✅ IPO PROPHET RATING: 7.8/10 🏦 Deal Quality &amp; Underwriters: 8.3/10 Liftoff Mobile is preparing a U.S. initial public offering on the Nasdaq under the ticker LFTO.The company is targeting to raise up to approximately $762 million through the sale of about 25.4 million shares at a price range of $26 to $30 per share, implying a valuation in the low-to-mid billions for the combined business.Liftoff operates a performance marketing platform that assists mobile app developers in user acquisition and monetization across a broad set of verticals, including gaming, social media, entertainment, and e-commerce.

United States

LMI, Inc. of Delaware operates as a software company. The Company offers user acquisition, re-engagement, analytics, fraud prevention, machine learning, dynamic ads, cost per revenue, and creative solutions. LMI serves clients worldwide.

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Liftoff Mobile (LFTO US)

Liftoff Mobile, Inc. (LFTO): AI Advertising IPO Downwardly-Revises Terms, Short Marketing Window

Liftoff Mobile relaunches IPO at reduced valuation, showing strong growth in core advertising and AI-powered scale with Cortex AI platform.

IPO Boutique

IPO Rating: Liftoff Mobile, Inc.

✅ IPO PROPHET RATING: 8.18/10 🏦 Deal Quality & Underwriters: 9.1/10 Liftoff Mobile is coming to market under the ticker LFTO, offering...

IPO Prophet

Liftoff Mobile Returns to the IPO Market as AI-Powered Ad-Tech Platform Targets June 4 Debut

Liftoff Mobile, Inc . has returned to the public markets after postponing an earlier IPO attempt in 2026, filing updated terms for a Nasdaq...

IPO Prophet

Liftoff Mobile, Inc. (LFTO): AI Meets the App Economy in Upcoming Advertising IPO

Unified DSP/SSP platform Cortex AI drives performance advertising for 1.4 billion users, revenue growth up 30% in 2025, Liftoff's IPO oversubscribed.

IPO Boutique

IPO Rating: Liftoff Mobile Inc.

✅ IPO PROPHET RATING: 7.8/10 🏦 Deal Quality & Underwriters: 8.3/10 Liftoff Mobile is preparing a U.S. initial public offering on the Nasdaq...

IPO Prophet

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Liftoff Mobile, Inc. (LFTO): AI Advertising IPO Downwardly-Revises Terms, Short Marketing Window

​Liftoff Mobile relaunches IPO at reduced valuation, showing strong growth in core advertising and AI-powered scale with Cortex AI platform.

IPO Boutique

IPO Rating: Liftoff Mobile, Inc.

✅ IPO PROPHET RATING: 8.18/10 🏦 Deal Quality & Underwriters: 9.1/10 Liftoff Mobile is coming to market under the ticker LFTO, offering...

IPO Prophet

Liftoff Mobile Returns to the IPO Market as AI-Powered Ad-Tech Platform Targets June 4 Debut

Liftoff Mobile, Inc . has returned to the public markets after postponing an earlier IPO attempt in 2026, filing updated terms for a Nasdaq...

IPO Prophet

Liftoff Mobile, Inc. (LFTO): AI Meets the App Economy in Upcoming Advertising IPO

​Unified DSP/SSP platform Cortex AI drives performance advertising for 1.4 billion users, revenue growth up 30% in 2025, Liftoff's IPO oversubscribed.

IPO Boutique

IPO Rating: Liftoff Mobile Inc.

✅ IPO PROPHET RATING: 7.8/10 🏦 Deal Quality & Underwriters: 8.3/10 Liftoff Mobile is preparing a U.S. initial public offering on the Nasdaq...

IPO Prophet

Liftoff Mobile relaunches IPO at reduced valuation, showing strong growth in core advertising and AI-powered scale with Cortex AI platform.

Unified DSP/SSP platform Cortex AI drives performance advertising for 1.4 billion users, revenue growth up 30% in 2025, Liftoff's IPO oversubscribed.