- NIQ Global Intelligence (NIQ, Financial) has filed for an initial public offering (IPO) with the SEC.
- The company plans to list on the New York Stock Exchange under the ticker symbol "NIQ".
- Major financial institutions like J.P. Morgan and BofA Securities are leading the underwriting team.
NIQ Global Intelligence has officially taken the first step towards becoming a publicly traded entity by filing a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC). This move sets the stage for a proposed initial public offering (IPO) of its ordinary shares on the New York Stock Exchange (NYSE) under the ticker symbol "NIQ".
While the number of shares to be offered and the anticipated price range have not yet been established, the IPO is backed by a formidable syndicate of financial heavyweights. J.P. Morgan, BofA Securities, UBS Investment Bank, Barclays, and RBC Capital Markets headline the list as joint lead book-running managers, with additional support from seven further joint book-running managers and seven co-managers, indicating a robust institutional backing.
The filing notes that the IPO is contingent on market conditions and regulatory approval, with no current availability for purchase, pending SEC effectiveness. Prospective investors will soon await further details as these critical aspects are clarified in forthcoming amended filings and the preliminary prospectus becomes available through the main underwriters.
NIQ, known for its consumer intelligence capabilities, combines with GfK for enhanced global reach across over 90 countries, covering a substantial portion of global consumer expenditure. The proposed public offering represents a significant milestone for the company as it seeks new avenues for growth through enhanced market participation and investor engagement.
