secwatch.observer — SEC 8-K summary
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Issuer:     Liftoff Mobile, Inc. (LFTO)
CIK:        0001850351
Form:       8-K
Filed at:   2026-06-08T20:37:20+00:00
Accession:  0001193125-26-261867
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 3.03, 5.03, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Liftoff Mobile completes IPO of 21.85M shares at $23.00; uses $413.8M to repay debt
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- Issued 21,850,000 shares at $23.00 per share, raising $472.4 million in net proceeds.
- Net proceeds of $413.8 million used to repay outstanding indebtedness under New Term Loan Facility.
- Remaining proceeds allocated for general corporate purposes and offering expenses.
- Adopted 2026 Omnibus Incentive Plan and Employee Stock Purchase Plan effective June 3, 2026.
- Amended charter authorizes 7B common shares and 700M preferred shares; bylaws effective.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1850351/000119312526261867/0001193125-26-261867-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1850351/000119312526261867/iron-20260603.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-261867

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