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Casper Expects a Lower Public Markets Valuation

By
Priya Anand
· · Source: The Information

Casper is estimating it will raise up to about $182 million in its upcoming IPO, according to a regulatory filing posted Monday. The mattress seller is aiming to sell shares for $17 to $19, according to the filing. That would mean a valuation of about $768.2 million, lower than the company’s private valuation of about $1.1 billion, according to Pitchbook. As we reported last week , Casper has...

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