140,000 app integrations, covering 1.4 billion daily active users! AI mobile advertising unicorn Liftoff Mobile (LFTO.US) prices its IPO at $26-30 per share, aiming to raise $700 million.

Liftoff Mobile, a provider of artificial intelligence-driven advertising and monetization software for mobile applications, announced the terms of its initial public offering (IPO) on Thursday. The California-based company plans to raise $711 million by issuing 25.4 million shares of stock at a price range of $26 to $30 per share. At the mid-point of the price range, Liftoff Mobile's fully diluted market value will reach $5.5 billion. Liftoff Mobile was formed by the merger of Liftoff and Vungle in 2021, offering an AI-driven platform that supports mobile app advertisers and publishers in user acquisition and advertising monetization in various verticals such as social media, finance, entertainment, and gaming. As of September 30, 2025, its software development kit has been integrated into over 140,000 apps, reaching approximately 1.4 billion daily active users globally and serving over 1,000 marketers worldwide. Established in 2011, Liftoff Mobile plans to list on the Nasdaq with the stock symbol LFTO. Goldman Sachs Group, Inc., Jefferies Financial Group Inc., Morgan Stanley, Barclays PLC Sponsored ADR, Royal Bank of Canada Capital Markets, UBS Group AG Investment Bank, Fidelity Securities, William Blair, Cantor Fitzgerald, Deutsche Bank Aktiengesellschaft, PJT Partners, Nomura Securities, BTIG, Needham & Co., and Raymond James are the joint underwriters for the transaction. Pricing is expected to occur during the week of February 2, 2026.