Pattern Group Inc. (PTRN) is planning to raise $300.00 million in an IPO on Friday, September 19th, IPO Scoop reports. The company will be issuing 21,428,572 shares at $13.00-$15.00 per share.
In the last year, Pattern Group Inc. generated $2.09 billion in revenue and $78.92 million in net income. Pattern Group Inc. has a market cap of $2.46 billion.
Pattern Group Inc. provided the following description of their company for its IPO: “(Incorporated in Delaware) We are an online reseller of consumer products. We partner with premium brands – Bosch and Tumi, for example – and sell their products online via Amazon or Walmart, for example. We are “the pioneer of ecommerce acceleration.” Our proprietary technology platform is powered by AI and machine learning. From the prospectus: “At Pattern, we are on a mission to help brands accelerate profitable growth on global ecommerce marketplaces. Today, our proprietary technology and on-demand experts operate across more than 60 marketplaces to increase product sales to consumers in more than 100 countries. Utilizing more than 46 trillion data points and sophisticated machine learning and artificial intelligence (“AI”) models, we strive to optimize and automate key levers of ecommerce growth, including advertising, content creation and management, pricing, forecasting and customer service. The result is a powerful platform that allows brands to navigate the complexity of operating on global ecommerce marketplaces at scale.” Note: Net income and revenue are for the 12 months that ended June 30, 2025. (Note: Pattern Group Inc. disclosed the terms for its IPO on Sept. 10, 2025, in an S-1/A filing: 21.43 million shares at a price range of $13.00 to $15.00 to raise $300.02 million, if priced at the $14.00 mid-point of its range. Of the 21.43 million shares in the IPO, the company is offering 10.71 million shares – half of the shares in the IPO – and the selling shareholders are offering 10.71 million shares – the other half of the shares in the IPO. ) (Background: Pattern Group Inc. filed its S-1 on Aug. 22, 2025, for its IPO, without disclosing the terms. Estimated initial proceeds are $100 million, a placeholder figure. Bloomberg had reported that some believed that this IPO could raise as much as $400 million.) “.
Pattern Group Inc. was founded in 2013 and has 1800 employees. The company is located at 1441 West Innovation Way, Suite 500 Lehi, UT 84043 and can be reached via phone at (866) 765-1355 or on the web at http://www.pattern.com/.
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