What we learned from Robinhood's IPO prospectus : vimarsana.

What we learned from Robinhood's IPO prospectus
CNN
2 hrs ago
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ROBINHOOD'S GOING PUBLIC
Big week for our friends over at Robinhood. Yesterday they got slapped with a record $70 million FINRA fine. Today, they're jetting toward an IPO.
If you missed it, we discussed Robinhood's litany of regulatory headaches yesterday (you can catch up here).
Here's what we learned from Thursday's filing:
The company plans to raise $100 million when it begins trading on the Nasdaq.
Robinhood is setting aside as much as 35% of its Class A shares for individual investors on its own platform — a much larger allocation for retail investors than in a typical IPO.

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