Klarna prices IPO at $40 per share, above estimated range

Klarna Group plc announced the pricing of its initial public offering at $40.00 per ordinary share, representing a $4.00 increase from the midpoint of the estimated price range outlined in its preliminary prospectus.

The offering consists of 34,311,274 ordinary shares, with Klarna selling 5,000,000 shares and existing shareholders selling 29,311,274 shares. Selling shareholders have granted underwriters a 30-day option to purchase up to an additional 5,146,691 shares to cover over-allotments.

Klarna will not receive proceeds from shares sold by existing shareholders. The company's ordinary shares are expected to begin trading on the New York Stock Exchange on September 10, 2025 under the ticker "KLAR."

The offering is scheduled to close on September 11, 2025, subject to customary closing conditions. Goldman Sachs, J.P. Morgan and Morgan Stanley serve as joint book-running managers for the offering.

The digital payments provider operates in 26 countries, serving approximately 111 million active consumers and 790,000 merchants as of June 30, 2025. The company facilitated $112 billion in gross merchandise volume in the twelve months ended June 30, 2025.

A registration statement on Form F-1 related to the offering was declared effective by the U.S. Securities and Exchange Commission on September 9, 2025, according to the press release.

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