Endeavor Looks to Raise $600 Million-Plus in IPO


Endeavor hopes to raise $600 million-plus in its initial public offering, according to a filing with the Securities and Exchange Commission on Monday morning.

The entertainment company, led by CEO Ari Emanuel, estimates that its IPO price-per-share will be between $30 and $32, and expects to offer 19,354,839 shares in the IPO.

Depending on the final price, Endeavor’s equity could be valued at between $7.9-$8.3 billion, with a midrange price of just above $8 billion.

While Endeavor had not publicly announced a timeframe for the IPO, THR reported last month that the timing had shifted from the summer to the fall.

More to come…

This article was originally published by The Hollywood Reporter.