Chime, last valued at $25B, aims for $11B in upcoming IPO
1. Chime's IPO is priced between $24 and $26, aiming for $11.2 billion cap. 2. Company reported $1.3 billion revenue in 2023, expected $1.7 billion in 2024. 3. Losses declined from $203 million in 2023 to $25 million in 2024. 4. Insider investors are holding shares, indicating confidence in the IPO. 5. IPO could happen around June 9, attracting potential retail interest.