The initial public offering price is expected to be between $19.00 and $21.00 per share. loanDepot will use the net proceeds from the primary portion of the offering to purchase equity interests in LD Holdings Group LLC from certain unitholders. Real-time trade and investing ideas on loanDepot LDI from the largest community of traders and investors. This initial public offering consisted of 3,850,000 shares of Class A common stock, $0.001 par value per share, at an offering price of $14.00 per share, pursuant to a Registration Statement on Form S-1. The Foothill Ranch, California-based company plans to offer 9.4 million shares in the offering, while its existing backers will sell 5. Sign Up. Rooms Shows Rankings Earnings Calendar Shop. Goldman Sachs, Bank of America Securities, and Credit Suisse are among the lead underwriters. loanDepot's IPO: What we know so far. loanDepot has granted the underwriters a 30-day option to purchase up to an additional 577,500 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions. S&P 500 0.00%. LoanDepot, a nonbank mortgage lender aiming to sell shares to the public at a valuation of up to $2.6 billion, postponed its initial public offering, citing market conditions, the company said. View the LDI U.S. Securities and Exchange Commission reporting information. We launched our business in 2010 to disrupt the legacy mortgage industry and make obtaining a mortgage a positive experience for consumers. loanDepot Inc. SEC filings breakout by MarketWatch. loanDepot's lock-up period expires on Tuesday, August 10th. LoanDepot plans to list on the New York Stock Exchange under the symbol LDI. This is an initial public offering of shares of Class A Common Stock of loanDepot, Inc. We are offering shares of our Class A Common Stock. Forward yield 2.57% Payable July 16; for shareholders of record July 1; ex-div June 30. LoanDepot, backed by private equity firm Parthenon Capital Partners, first announced plans to go public in September 2015, but canceled the IPO hours before pricing due to Trending now . The loanDepot had issued 3,850,000 shares in its IPO on February 11th. The initial public offering price is expected to be between $19.00 and $21.00 per share. What Happened: The recently filed preliminary prospectus does not mention details about the number of shares and the IPO price. A summary of our critical accounting policies and estimates Goldman Sachs, B. of A. NYSE:LDI opened at $13.70 on Tuesday. Mortgage lender loanDepot on Thursday slashed the size of its initial public offering to less than a fifth of what it had originally planned as the share sale failed to find enough buyers. The Company offers consumer credit products to customers, ranging from home loans to unsecured personal loans. Log In. loanDepot Find the latest loanDepot, Inc. (LDI) stock quote, history, news and other vital information to help you with your stock trading and investing. loanDepot 12.70 0.40 (3.06%) Watch. (Bloomberg) -- Mortgage lender LoanDepot Inc. and its shareholders are seeking as much as $315 million in a U.S. initial public offering. The shares are expected to trade on the New York Stock Exchange under the ticker symbol "LDI." 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