REDWOOD CITY, Calif., June 05, 2026 (GLOBE NEWSWIRE) -- Liftoff Mobile, Inc. ("Liftoff") (NASDAQ:LFTO), a global leader in performance marketing and monetization solutions for the app economy, announced today that it has closed its initial public offering of 21,850,000 shares of its common stock at a public offering price of $23.00 per share, including the full exercise by the underwriters of their option to purchase up to an additional 2,850,000 shares of common stock.

Liftoff intends to use the proceeds (net of underwriting discounts and commissions) from the offering (including from the sale of shares pursuant to the exercise by the underwriters of their option to purchase an additional 2,850,000 shares) to repay outstanding indebtedness under its senior secured term loan facility and the remainder for general corporate purposes and to bear all of the expenses of the offering. Liftoff's common stock is listed on the Nasdaq Global Select Market under the symbol "LFTO."

Goldman Sachs & Co. LLC, Jefferies and Morgan Stanley acted as joint lead book-running managers for the proposed offering. Barclays, RBC Capital Markets, UBS Investment Bank, Wells Fargo Securities, William Blair, Cantor, Deutsche Bank Securities, PJT Partners, Wolfe | Nomura Alliance, BTIG, Needham & Company and Raymond James acted as joint book-running managers. Blackstone ...