Affirm Holdings closes IPO

Affirm Holdings Inc. on Jan. 15 closed its IPO of 28,290,000 shares of class A common stock at an offering price of $49.00 per share.

The number of shares sold in the offering included 3,690,000 shares issued pursuant to the exercise of the underwriters' option to purchase additional shares.

Proceeds from the IPO, before expenses, were about $1.31 billion.

In an earlier news release, Affirm Holdings listed Morgan Stanley, Goldman Sachs & Co. LLC and Allen & Co. LLC as lead book-running managers for the offering. RBC Capital Markets, Credit Suisse, Barclays, Truist Securities, Siebert Williams Shank and Deutsche Bank Securities were listed as book-running managers.