Nasdaq Listing and Additional Share Options
Wealthfront plans to list under the ticker symbol WLTH, with underwriters holding a 30-day option to purchase up to 5.2 million additional shares at the IPO price to stabilize the offering if demand surges.
The company expects the offering to price the week of Dec. 8, setting the stage for a closely watched debut that will test investor appetite for fintech firms in a fluctuating market.
Legal Teams Behind the Offering
The Fenwick team representing Wealthfront includes Michael Brown, Ran Ben-Tzur, Ari Haber and Chelsea Anderson.
The Latham team advising the underwriters includes Richard Kline, Sarah Axtell and Zuzanna Gruca.
