|Bid||15.13 x 1200|
|Ask||15.68 x 1000|
|Day's Range||15.43 - 15.44|
|52 Week Range||14.22 - 16.88|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Oportun Financial Corporation (“Oportun”), a high-growth, mission-driven Community Development Financial Institution (CDFI) providing inclusive, affordable financial services powered by a deep, data-driven understanding of its customers and advanced proprietary technology, today announced the closing of its initial public offering (“IPO”) of 7,187,500 shares of its common stock at a price to the public of $15.00 per share. In total, 4,873,356 of the shares were offered by Oportun and 2,314,144 of the shares were offered by the selling stockholders, which includes a total of 937,500 shares sold by the Company and certain of the selling stockholders pursuant to the exercise in full of the underwriters’ option to purchase additional shares.
SAN CARLOS, Calif., Sept. 25, 2019 -- Oportun Financial Corporation (“Oportun”), a high-growth, mission-driven Community Development Financial Institution (CDFI) providing.
San Carlos, California-based Oportun Financial Corporation is planning to offer 6.25 million shares in an IPO, which is expected to be priced in the range of $15-$17 per share, according to the S-1/A filing. Oportun, founded in 2005, promotes itself as a mission-driven provider of inclusive, affordable financial services using deep, data-driven understanding of its customers and advanced proprietary technology. It focuses on serving the 100 million people living in the U.S. who either do not have a credit score or who may have limited credit history and are mis-cored, given the traditional credit scores do not reflect their credit worthiness.