dreamstime: San Francisco-based Eventbrite was co-founded in 2006 and has bought seven companies, including Ticketfly, since 2015, as part of its global growth ambitions, according to The Toronto Star. Keith Clack/Dreamstime Eventbrite's IPO raised 230 million in proceeds after it priced at the high-end of its range between 21 a share and 23 a share. The shares recently traded at 36.95 U.S. up 61% from the stock's initial public offering price. That range was raised earlier this week from its prior target between 19 and 21 each. According to Dealogic, IPO activity on U.S. exchanges is at its highest level since 2014. The stock-price bump pegged Eventbrite's valuation near 3.5 billion on a fully diluted basis.A flurry of companies are pursuing IPOs this year.
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