ISIN:DE000A3CWAW6

DGAP-News: Babbel Group AG sets price range for its planned IPO at EUR 24 to 28

Wednesday, September 15, 2021 - 6:02am

The price range for the shares has been set at EUR 24.00 to EUR 28.00 per share.

Key Points: 
  • The price range for the shares has been set at EUR 24.00 to EUR 28.00 per share.
  • The first day of trading for Babbel shares is expected to be September 24, 2021.
  • Arne Schepker, CEO of Babbel, said: "We are more than pleased with the reception since we have announced our intention to float.
  • There will be no public offer of shares of Babbel Group AG (the "Company") in the United States.

DGAP-News: Babbel plans its Initial Public Offering

Tuesday, September 7, 2021 - 7:02am

The initial public offering and listing of Babbel's shares is expected to be completed in 2021, subject to market conditions.

Key Points: 
  • The initial public offering and listing of Babbel's shares is expected to be completed in 2021, subject to market conditions.
  • Arne Schepker, CEO of Babbel, said: "Taking Babbel public is the logical next step for us to leverage our full potential as the first ever German EdTech IPO.
  • The Babbel App, Babbel Live, Babbel Podcasts and Babbel for Business products focus on using a new language in the real world, in real situations, with real people.
  • A PROSPECTUS WILL BE PUBLISHED IN RELATION TO THE INITIAL PUBLIC OFFERING OF SHARES BY THE COMPANY REFERRED TO IN THIS DOCUMENT.