Corporate ActionAug 3, 2026, 09:13 AM
Robinhood Ventures Fund II Launches IPO Roadshow for $200M Offering
AI Summary
Robinhood Ventures Fund II (RVII) has announced the launch of its IPO roadshow, offering up to 8,000,000 common shares of beneficial interest at an expected price of $25 per share, totaling up to $200 million. Robinhood Markets, Inc. will act as a selling shareholder for 400,000 of these shares. The shares are expected to be listed on the New York Stock Exchange under the symbol RVII, with the request window closing on August 12.
Key Highlights
- Robinhood Ventures Fund II (RVII) launches IPO roadshow.
- Offering up to 8,000,000 common shares at $25 per share.
- Initial offering valued at up to $200 million.
- Robinhood Markets, Inc. selling 400,000 shares.
- Underwriters have option for 1,200,000 additional shares.
- Shares to be listed on NYSE under the symbol RVII.
- IPO share request window expected to close on August 12.
Price Impact
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