After a period of postponement, the prominent ticket marketplace StubHub has officially set the terms for its initial public offering. In a new filing this week, the company announced its intention to raise approximately $851 million by offering over 34 million shares, with an expected price range of $22 to $25 per share. This move would grant StubHub a formidable valuation of up to $9.2 billion upon its market debut.

The path to this public offering has been marked by delays. StubHub initially paused its IPO plans last April amidst significant market volatility triggered by former President Donald Trump’s tariff policies. This followed an earlier postponement in July 2024 due to a broader cooling within the IPO market, making this week’s filing a significant step forward for the company.

According to its updated prospectus, StubHub will list on the New York Stock Exchange under the ticker symbol “STUB.” The filing also provided a glimpse into the company’s recent financial performance, revealing a 10% year-over-year increase in first-quarter revenue, which reached $397.6 million.

Despite this top-line growth, the company’s net loss expanded to $35.9 million, up from $29.7 million during the same period last year, while operating income was reported at $26.8 million.

Founded in 2000, StubHub has been a dominant force in the secondary ticket market for over two decades. Its corporate history includes a $310 million acquisition by eBay in 2007. In a notable turn of events, the company was later reacquired in a $4 billion deal by its co-founder, Eric Baker, through his competing ticketing platform, Viagogo, in 2020.

The company’s decision to proceed with an IPO at its current valuation falls notably short of earlier internal aspirations, which had previously sought a $16.5 billion valuation according to earlier reports.