Robinhood Ventures Fund I Finalizes IPO Pricing at $25.00 Per Share, Targeting Up to $414M Capital Raise
Summary
Robinhood Ventures Fund I has finalized the terms for its initial public offering, pricing 10.4 million to 14.4 million common shares at $25.00 each, aiming to raise up to $414 million.
Key Events
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IPO Pricing Finalized
The initial public offering is priced at $25.00 per common share, with a pricing date of March 5, 2026. This finalizes the terms of the offering initiated with the preliminary prospectus on February 17, 2026.
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Substantial Capital Raise
The offering includes 10,400,000 to 14,400,000 common shares, with an estimated size of $260.0 million to $360.0 million, potentially reaching $414.0 million if underwriters fully exercise their option.
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Stock Split Effectuated
A stock split was completed on March 5, 2026, based on the March 4, 2026 NAV, to ensure the net asset value plus sales load equals the $25.00 offering price.
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Pre-IPO Distribution
A distribution of $8,185,660 was determined on March 4, 2026, to eliminate current and accumulated earnings and profits before the IPO closing.
Analysis
This Free Writing Prospectus finalizes the pricing and terms for Robinhood Ventures Fund I's initial public offering, following a preliminary prospectus filed on February 17, 2026. The offering, managed by Goldman Sachs & Co. LLC, is set to raise a substantial amount of capital, establishing the fund's initial market valuation and capital structure. The successful pricing of a large IPO is a significant milestone for the new fund, indicating investor interest and providing the necessary capital for its operations.
At the time of this filing, RVI was trading at $3.00 on NYSE in the Unknown sector. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.