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loanDepot Inc. has announced that it has filed a registration statement on Form S-1 with the U.S. Securities & Exchange Commission (SEC) relating to a proposed initial public offering (IPO) of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. In connection with this offering, loanDepot Inc. will become the parent company of loanDepot.com LLC.
Morgan Stanley, Goldman, Sachs & Company, Wells Fargo Securities, Barclays and UBS Investment Bank are acting as joint book-running managers for the proposed offering. BMO Capital Markets is acting as co-manager for the proposed offering.
The offering will be made only by means of a prospectus.
A registration statement on Form S-1 relating to these securities has been filed with the SEC, but has not yet become effective. These securities may not be sold nor may offers to buy these securities be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.