Description
Strava IPO Closing Market Cap ranges the total value of Strava on its first trading day, measured as market capitalization at the official closing price. The closing price and outstanding shares determine the bracket—<2B, 2B–3B, 3B–4B, 4B–5B, 5B–7B, 7B–10B, 10B–15B, or 15B+. If no IPO occurs by December 31, 2027, 11:59 PM ET, the market resolves to No IPO before 2028. Resolution follows the primary exchange’s official listing page or a reliable substitute if needed. If trading halts or closes early, the official closing price of the abbreviated session determines the bracket, or the next trading day’s official close if required.
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This market will resolve based on Strava's market capitalization at the closing price on its first day of trading. If no Strava IPO occurs by December 31, 2027, 11:59 PM ET, this market will resolve to "No IPO before 2028". Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day. If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket. Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used. In the event of an interruption in the course of the normal trading session on Strava’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.