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Eventbrite Sets IPO Stock Price At $1.8B Valuation

Event-briteIn a filing on Friday morning, the indie ticketing company announced plans to sell 10 million Class A shares on the New York Stock Exchange at a price range of $19 to $21.

Trading under the symbol  EB, Eventbrite will raise $200 million at a $1.8 billion valuation based on a $20 price.

One interesting tidbit from the filing: 

"The proceeds of the IPO will be put towards repaying Eventbrite’s debts, including $30m owed to Ticketfly."

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