IPO - Pugnacious Endeavors Inc

Form Type: S-1

Filing Date: 2025-03-21

Corporate Action: Ipo

Type: New

Accession Number: 000119312525060140

Filing Summary: StubHub Holdings, Inc. is conducting its initial public offering (IPO) of Class A common stock, anticipating shares to be offered at an estimated initial price range. The total public offering will facilitate the listing of these shares on the New York Stock Exchange under the symbol 'STUB.' StubHub Holdings, formed from the acquisition of StubHub from eBay by viagogo, aims to create a global marketplace for consumers to access live events. It will consist of two classes of common stock, where Class B shares (held primarily by CEO Eric H. Baker) will have enhanced voting rights compared to Class A shares. This corporate structure allows Mr. Baker to control significant corporate decisions. The offering represents a strategic growth opportunity for the company, promoting wider availability of live event tickets and enhancing profitability through an integrated business model. The document emphasizes the company's historical context, growth potential, competitive landscape in the ticketing market, and operational metrics contributing to its leadership position in the secondary ticketing industry.

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Form Type: DRS/A

Filing Date: 2025-02-20

Corporate Action: Ipo

Type: New

Accession Number: 000095012325002889

Filing Summary: StubHub Holdings, Inc. is preparing for its initial public offering (IPO) of Class A common stock. The document outlines a draft of their registration statement under the Securities Act of 1933, indicating that shares will be offered publicly as soon as practicable after the registration statement is declared effective. The Class A common stock will be listed on the New York Stock Exchange under the symbol 'STUB'. This offering is significant as it marks the first time that the company's Class A common stock will be available for public trading. The document specifies that there are plans to issue a total number of shares, although specific figures for pricing and total shares to be offered are left undetermined at this stage. Eric H. Baker, the Founder and CEO, is mentioned as holding significant voting power through ownership of Class B stock, highlighting that he will control the outcomes of major corporate actions post-IPO. The prospectus also includes sections on risk factors, management’s discussion, and overall business strategy, emphasizing the importance of secondary ticketing in the live events ecosystem and the company's history of operational excellence in this market.

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Form Type: DRS/A

Filing Date: 2024-08-22

Corporate Action: Ipo

Type: New

Accession Number: 000095012324008933

Filing Summary: StubHub Holdings, Inc. is preparing for its initial public offering (IPO) as indicated in Amendment No. 11 to its draft registration statement, filed confidentially with the SEC. The document outlines a planned sale of Class A common stock and describes the absence of a prior public market for these shares. The initial public offering price is projected between specified ranges, and StubHub intends to list on the New York Stock Exchange (NYSE) under the symbol 'STUB.' The prospectus emphasizes the company's evolution, including its merger with viagogo, the leadership of Eric Baker, and its integrated global ticketing marketplace. Financial highlights from 2023 show significant growth in Gross Merchandise Sales (GMS) to $6.9 billion from $4.8 billion in 2022, alongside revenue and net income increases, which display robust market performance. The company supports a dual-class share structure designed to maintain control with Eric Baker, who holds Class B shares with superior voting rights. This IPO represents a strategic move for StubHub to enhance its market position following the merger and to continue its expansion in the live events sector.

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Form Type: DRS/A

Filing Date: 2024-06-24

Corporate Action: Ipo

Type: New

Accession Number: 000095012324006306

Filing Summary: StubHub Holdings, Inc. is preparing for its initial public offering (IPO) of Class A common stock. The IPO aims to sell shares to the public and is conditioned on the shares being listed on the New York Stock Exchange (NYSE) under the ticker symbol 'STUB'. Prior to this offering, there has been no public market for the Class A common stock. The document outlines the proposed sale and future profitability potential, noting a projected initial public offering price range and that StubHub will have two classes of authorized common stock: Class A and Class B, which differ in voting rights. The company has seen substantial growth, reporting over $6.9 billion in gross merchandise sales for 2023 and significant revenue. StubHub's operational structure shifted and integrated with viagogo following its acquisition in 2020, focusing on enhancing market share and operational efficiency, thereby attracting millions of buyers globally and stabilizing financials, leading to expected increased investor interest in the stock as it navigates toward public trading.

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Form Type: DRS/A

Filing Date: 2024-06-06

Corporate Action: Ipo

Type: New

Accession Number: 000095012324006143

Filing Summary: This document is an Amendment No. 9 to the draft registration statement for StubHub Holdings, Inc. filed with the SEC, marking the company's intention to conduct an initial public offering (IPO) of Class A common stock. The registration statement has not been publicly filed, maintaining confidentiality as required. The document outlines important details about the IPO including the lack of pre-existing public market for the Class A common stock, the anticipated initial public offering price range, and the intention to list on the New York Stock Exchange under the symbol 'STUB.' The offering aims to provide liquidity and capitalize on StubHub's leading position in the global secondary ticketing market. The document also describes StubHub’s growth metrics, financial performance, and some conditions related to the governance structure after the IPO, emphasizing a controlled company status due to substantial voting power held by the Founder and CEO, Eric Baker. The offering promises to attract extensive investor interest given the potential for significant market expansion based on past growth rates and the integration of acquired operations from viagogo. A comprehensive assessment of the market opportunity for online ticketing and operational capabilities is presented, indicating a strategic focus on enhancing shareholder value while mitigating operational risks essential in the fluctuating live events industry.

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Form Type: DRS/A

Filing Date: 2024-04-26

Corporate Action: Ipo

Type: New

Accession Number: 000095012324003530

Filing Summary: StubHub Holdings, Inc. is undertaking an initial public offering (IPO) of its Class A common stock. This document is an Amendment No. 8 to the draft registration statement submitted confidentially to the SEC. StubHub, which operates a global ticketing marketplace, is seeking to commence the sale of shares as soon as the registration statement is effective. The offering aims to issue Class A common stock, which will be listed under the symbol 'STUB.' Prior to this offering, there was no public market for the shares. The document discusses the company's business history, the impact of the StubHub and viagogo merger, and financial metrics indicating substantial growth, including a projected 44% revenue increase year-over-year for 2023, with expectations for significant investor interest in light of strong market performance.

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Form Type: DRS/A

Filing Date: 2023-11-20

Corporate Action: Ipo

Type: New

Accession Number: 000095012323011056

Filing Summary: StubHub Holdings, Inc., having undergone a significant transformation, is filing this confidential amendment related to its registration statement in connection with its initial public offering of Class A Common Stock. This marks the company's transition from private operations following the acquisition of StubHub by viagogo. The company aims to create a global marketplace for live events with increased liquidity, transparency, and trust in ticket sales. StubHub operates through its own established platforms in North America and internationally, emphasizing on its dual-class stock structure, where Class B shares, held by founder Eric Baker, carry more voting power. This IPO aims to offer shares without a prior public market and lists shares under a new ticker symbol upon validation. The preliminary prospectus highlights critical aspects of StubHub's business model, growth metrics, and financial performance, indicating a strong operational turnaround and future ambitions while labeling itself as an 'emerging growth company' under the U.S. federal securities laws.

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Form Type: DRS/A

Filing Date: 2023-06-30

Corporate Action: Ipo

Type: New

Accession Number: 000095012323005913

Filing Summary: On June 30, 2023, StubHub Holdings, Inc. submitted an amended draft registration statement (Amendment No. 6) to the SEC for the registration of Class A common stock. This filing indicates an intention to proceed with an initial public offering (IPO) of stock, although it has not been publicly filed yet and remains confidential. The reselling of stocks will be done by identified stockholders, not through underwriters, and shares will be available for trade on the Nasdaq Capital Market. The document details the structure of Class A and Class B common stocks, where Class A shares carry one vote per share while Class B shares carry multiple votes per share and are controlled predominantly by CEO Eric Baker. StubHub aims to leverage its platform to democratize access to live events globally, combining operations with viagogo after acquiring StubHub in February 2020. The estimated offering will allow a significant number of transactions on its platform, which has seen over 370 million tickets purchased since inception.

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Form Type: DRS/A

Filing Date: 2022-10-19

Corporate Action: Ipo

Type: New

Accession Number: 000095012322010351

Filing Summary: StubHub Holdings, Inc. submitted Amendment No. 5 to their draft registration statement under Form S-1 to the SEC on October 19, 2022. This amendment relates to the registration of shares for resale of their Class A common stock, wherein Registered Stockholders will sell their shares without the process being underwritten by any investment bank. The document outlines the dual-class structure of common stock, where each Class A share holds one vote and each Class B share holds multiple votes, with Class B shares primarily controlled by Eric Baker, providing him significant power in corporate governance decisions. The prospectus indicates the intention for shares to commence trading on the Nasdaq Capital Market upon effectiveness and highlights the combination of StubHub and viagogo businesses as a global platform for ticket sales. The offering is positioned as a way to democratize access to live events, wherein the company emphasizes its market leadership and investment in growth. The registration includes expected conversion details of existing securities and potential sale conditions following the listing, underscoring the risk factors associated with the investment in the IPO.

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Form Type: DRS/A

Filing Date: 2022-07-18

Corporate Action: Ipo

Type: New

Accession Number: 000095012322007256

Filing Summary: StubHub Holdings, Inc. presented its Amendment No. 4 to the draft registration statement under the Securities Act of 1933, aiming to allow resale of Class A common stock by stockholders. The document indicates the company's strategy for an initial public offering (IPO) of its Class A common stock, with a focus on making these shares available to the public as soon as practicable after the statement is considered effective. The company mentions that the offering is structured as a resale rather than an underwritten IPO, indicating that stockholders will determine when to sell their shares. It outlines the expected trading mechanics on the Nasdaq Capital Market, including the initiation of trading without an underwriter, which is noted as an innovative approach. StubHub's acquisition history, market position, and current financial strategies were also mentioned, emphasizing its growth trajectory post-acquisition of StubHub from eBay and integration with viagogo. The filing highlights that StubHub Holdings is classified as an 'emerging growth company', which subjects it to reduced public company reporting requirements. Potential investors are cautioned about risks associated with investing in the Class A common stock, with references to previously completed transactions throughout its operational history.

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Form Type: DRS/A

Filing Date: 2022-04-21

Corporate Action: Ipo

Type: New

Accession Number: 000095012322004163

Filing Summary: StubHub Holdings, Inc. has submitted an amendment to its draft registration statement under Form S-1, indicated as Amendment No. 3, for an initial public offering (IPO) of its Class A common stock. The document, submitted confidentially, outlines the registration of the resale of shares by specific stockholders without underwriter involvement. Details include that the shares will be listed on the Nasdaq Capital Market and that the company will operate as a controlled entity once the IPO is completed. Eric Baker, the CEO, will hold a significant voting power in the company through Class B common stock. The amendment mentions the anticipated trading date and potential offering conditions while emphasizing the company’s emergence from a combination of the StubHub and viagogo businesses after the acquisition by viagogo in 2020. It also explains the potential volatility in trading due to the non-underwritten nature of the listing, and it discusses the importance of data and technology in driving the market's growth.

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Form Type: DRS/A

Filing Date: 2022-02-10

Corporate Action: Ipo

Type: New

Accession Number: 000095012322001509

Filing Summary: StubHub Holdings, Inc. submitted Amendment No. 2 to its draft registration statement as a confidential filing with the SEC on February 9, 2022. The document pertains to the registration of shares of Class A common stock by current stockholders, not through an underwritten initial public offering. The document outlines the mechanics of how these securities will be sold, the structure of the stock classes, and the implications of being a controlled company. StubHub's Class A common stock is expected to be listed on the Nasdaq Capital Market, marking the commencement of public trading. The current market dynamics and risks associated with the offering are highlighted, stressing that the initial trading may exhibit volatility due to the unique listing approach without underwriters. The past performance, market analysis, and future goals of the combined StubHub and viagogo businesses are explicated, reiterating their mission to democratize access to live events globally. StubHub enjoys significant brand awareness in the U.S., and the document also discusses the expected date for commencement of sales once the registration statement is effective.

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Form Type: DRS/A

Filing Date: 2021-12-22

Corporate Action: Ipo

Type: New

Accession Number: 000095012321016451

Filing Summary: StubHub Holdings, Inc. filed an Amendment No. 1 to its draft registration statement on December 22, 2021, as part of the process to register shares of Class A common stock under the Securities Act. This document outlines the proposed sale of shares by existing stockholders in a manner that differs from a traditional initial public offering, specifically stating that these shares will be sold in a resale format rather than being underwritten by investment banks. Following the listing of Class A common stock, the company will operate two classes of common stock: Class A and Class B. The document details voting rights and ownership structures, indicating that Class B shares are controlled by the founder, Eric Baker, giving him significant voting power. Additionally, it highlights the company's business operations combining viagogo and StubHub, emphasizing their scale and market reach in providing a global platform for ticket sales. The filing emphasizes the ongoing effects of the COVID-19 pandemic on live events but expresses optimism regarding market recovery and growth in consumer demand for live events. The document also includes risk factors, financial information, and various legal disclaimers relevant to investors.

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Form Type: DRS

Filing Date: 2021-11-08

Corporate Action: Ipo

Type: New

Accession Number: 000095012321014127

Filing Summary: StubHub Holdings, Inc. is filing a draft registration statement with the SEC for the resale of its Class A common stock by registered stockholders. This document serves as a preliminary prospectus, offering an exploration of StubHub's business model, which combines viagogo and StubHub into a leading global marketplace for ticket sales and purchases. It highlights the company's history, beginning with Eric Baker's founding of StubHub in response to challenges in accessing live events. The document assures safety and reliability for both buyers and sellers, as it enhances transparency and efficiency in the ticket market. It notes that StubHub and viagogo together have sold over 360 million tickets since inception and emphasizes a growing demand for live events post-COVID-19, driven by changed consumer behaviors favoring experiences over material goods. Furthermore, StubHub positions itself for growth as economies reopen, with an expectation for the live events category to rebound. The company plans to list its Class A common stock, aiming to create a controlled company and providing insight into its operations, financial information, risk factors, and market opportunities.

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