Parent of Quicken Loans, Rocket Mortgage seeks $3.3B in IPO

Rocket Companies, the parent company of Quicken Loans and Rocket Mortgage, has set the bar for its upcoming initial public offering. The mortgage giant is targeting a haul of $3.3 billion from its public offering of 150 million shares, Bloomberg reported. The IPO is slated to price on August 5, according to filings cited by the report. Rocket filed for an IPO earlier this month, disclosing an annual profit over the past three years. The

source https://therealdeal.com/2020/07/29/parent-of-quicken-loans-rocket-mortgage-seeks-3-3b-in-ipo/