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Endeavor Valued At More Than $10B in New IPO, Seeks to Raise As Much As $588M

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hollywoodreporter.com

Endeavor is looking to raise as much as $588 million in its new IPO, moving the ball forward in its renewed effort to take the company public.

The company officially unveiled plans for its new public offering March 31. Endeavor is valued at more than $10 billion at its current valuation range of $23-$24 per share, when factoring in RSUs for top executives, according to its revised S-1 filing, which was submitted to the SEC Tuesday morning.

Endeavor had previously sought to raise $600 million in its first IPO effort in 2019 at a valuation of about $6.5 billion, before ultimately calling off the offering after a lukewarm response from Wall Street.

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