The harmony, whose last value of $ 25 billion, aims at $ 11 billion in the subscription next public

Dragon, which is expected to be the suspended public subscription is one of the songs of 2025, Release The scope of stock prices on Monday from $ 24 to $ 26.

This is a The maximum market reaches $ 11.2 billion. In the medium term, the company will bring $ 800 million to itself and a handful of investors, including VC PowerHouse Cathay Innovation, who are planning to sell some shares in public subscription.

Even in these slow subscription times, this will not be the largest general subscription in 2025. Coreweave, That raised $ 1.5 billion The value of $ 23 billion, and this title. This, although Corween was hoping for more public subscription.

However, Chime’s general subscription is a viewer since the company reports the growth of fast revenues and expenses. I reported the revenues of $ 1.3 billion in 2023 and $ 1.7 billion in 2024 – I have already booked more than $ 518 million in the first quarter of 2025. Casamics of $ 203 million in 2023 to $ 25 million in 2024.

The only black eye for harmony is that his last special evaluation was $ 25 billion, according to Pitchbook estimates, much higher than this goal. But this does not mean much. If the investors are hot for this stock, it will prosecute the public subscription over the target range. If retailers want to do so on the first day of trading, he will evaluate them from there.

There is at least a strong indication that the informed believe that it will do so: even with thirst for liquidity in adventure these days, regardless of Cathy, The largest harmony of harmony are not soIn this turn, sale, according to The latest deposit. We’ll see if another file reveals more sales of the interior. But other major investors who keep their dangers include billionaire Yuri Milner from DST Global, Michael Stark’s Crossslink Capital and Billionaire Len Blavatnik Access Industries, as well as VC General Atlantic, Menlo Ventures (Led by a member of the board of directors, Sean Carolian), and iconiq, according to the paper.

The public subscription is currently expected to take place at some time during the June 9 week.