Swedish buy-now, pay-later (BNPL) startup Klarna and its shareholders are reviving its initial public offering, hoping to raise as much as $1.27 billion in a listing that would value the company at up to $14 billion.
The company and some of its shareholders are together selling approximately 34.3 million shares between $35 and $37 each, the company said in an rel=”nofollow” href=”https://www.sec.gov/Archives/edgar/data/2003292/000200329225000024/klarnagroupplcf-1a3.htm”>update to its registration statement on Tuesday. Klarna would receive proceeds from about 5.6 million shares, while its shareholders are offloading nearly 29 million shares.
The company…

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