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Ipos overview

StubHub Holdings, Inc. (STUB)


Company Overview

Proposed Symbol STUB
Company Name StubHub Holdings, Inc.
Exchange NYSE
Share Price $23.50
Employees 895 (as of 08/08/2025)
Status
Shares Offered 34,042,553
Offer amount $799,999,995.50
Shares Over Alloted
Company Address 175 GREENWICH STREET 59TH FLOOR NEW YORK NY 10007
Company Phone (888) 977-5364
Company Website www.stubhub.com
CEO Eric H. Baker
State of Inc
Fiscal Year End 12-31
Total Offering Expense $22,500,000.00
Shareholder Shares Offered
Shares Outstanding 343,064,523
Lockup Period (days) 180
Lockup Expiration
Quiet Period Expiration
CIK 0001337634
DealId 685255-113383

Company Description

Our mission is to be the global destination for consumers to access live events and experiences. We envision a future where all live event tickets are widely available to be conveniently purchased and every seat at every venue is filled. Our journey began in 2000 when our Founder and CEO, Eric Baker, co-founded StubHub, the first online marketplace for secondary tickets, with the commitment to bring liquidity, transparency and trust to an opaque and inefficient category. When StubHub started, secondary ticketing was a fragmented offline market, untouched by technology and data, with complicated problems to solve. To win in secondary ticketing, StubHub had to create a technology-enabled marketplace where tickets were sourced and priced dynamically and all types of live events could be supported. Today, we believe we operate the largest global secondary ticketing marketplace for live events. Our business model has achieved scale with high growth and generated significant revenue, profit and cash flow. We connect fans around the world with sellers who use our marketplace to reach passionate fans and price tickets efficiently. We operate our global ticketing marketplace through two brands: StubHub in North America and viagogo internationally. In building our marketplace, we created and scaled core capabilities required to succeed in secondary ticketing: • Technology: End-to-endfunctionality capable of handling all types of events. • Distribution: Global distribution built to operate anywhere there is demand for live events. • Data: Data intelligence to optimize outcomes for both buyers and sellers. • Brand: Trusted brands that attract millions of participants without controlling the box office or venue access. By bringing together buyers and sellers at scale, we unlocked a powerful flywheel effect and created an efficient monetization engine for sellers with a broad selection of tickets for fans. Our global scale and the core capabilities of our marketplace have enabled us to establish a leadership position and build durable competitive moats in secondary ticketing, and our focus is set on an even bigger opportunity. There is a critical need for a global marketplace that ensures liquidity, transparency and trust for all ticketing transactions, whether they involve secondary sales or original issuance. We believe that by bringing our end-to-end technology, global distribution, data intelligence and trusted brands to even more categories of live events and experiences, we will capture a larger market opportunity and play an even more vital role in the ecosystem in the future. Across verticals, we have observed how content owners gravitate towards online marketplaces with similar capabilities and we believe this trend will eventually shape the distribution and consumption of live events, further propelling our market opportunity. --- We were incorporated as Pugnacious Endeavors, Inc. in the State of Delaware on December 17, 2004 and launched operations as viagogo in 2006. On February 13, 2020, we acquired StubHub, and on September 8, 2021, we changed our name to StubHub Holdings, Inc. StubHub is currently operated through our wholly owned subsidiary StubHub, Inc., and today, StubHub Holdings is the combination of the viagogo and StubHub businesses. Our principal executive offices are located at 175 Greenwich Street, 59th Floor, New York, NY 10007. Our telephone number is (888) 977-5364 and our website address is www.stubhub.com.