StubHub to Go Public with Initial Stock Launch

NEW YORK—The ticketing platform for live events, known as StubHub, has announced plans to go public by filing for an initial public offering (IPO) of its common stock.

This announcement marks a significant step for the online marketplace, which serves as a platform for purchasing and reselling tickets to a diverse array of live events, including sports, concerts, and theater performances. On Friday, StubHub revealed its intention to list on the New York Stock Exchange, selecting the ticker symbol “STUB” for its common stock.
The company submitted the necessary regulatory paperwork to the U.S. Securities and Exchange Commission (SEC). However, the filing did not specify the number of shares that would be made available to the public or provide an estimated price range for these shares.
Headquartered in New York, StubHub has established itself as a prominent player in the ticketing industry, accommodating buyers from over 200 countries and territories. Last year alone, the platform processed the sale of over 40 million tickets, reflecting its significant global reach and appeal.
StubHub Holdings, Inc. encompasses its operations in North America, where it is recognized as the first online marketplace dedicated to secondary ticket sales since its inception in 2000, as well as the viagogo platform that operates on an international scale. This move to go public is expected to further cement StubHub’s place in the live events ticketing sector.