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Liftoff Mobile Seeks $700 Million IPO on Nasdaq

4/18/2026

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Story summary
  • Liftoff Mobile, a Redwood City-based firm, filed for an initial public offering (IPO) on April 17, 2026, seeking up to $700 million.
  • The company formed in 2021 from the Liftoff–Vungle merger provides AI-driven advertising and monetization software.
  • It connects to about 1.4 billion daily active users and serves over 1,000 marketers globally.
  • The company plans to list on Nasdaq under LFTO, with Goldman Sachs and other banks as joint bookrunners.