Robinhood Ventures Fund II launches IPO for 8,000,000 shares at expected USD 25 each

Reuters2026/08/03 13:11

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Robinhood Ventures Fund II, a Robinhood-managed closed-end fund structured as a BDC, launched an IPO roadshow targeting USD 25 per share.
Offering set at up to 8,000,000 common shares of beneficial interest; 7,600,000 issued by the fund, 400,000 sold by Robinhood Markets.
Underwriters hold a 30-day option to buy up to 1,200,000 additional shares from the fund.
IPO share request window expected to close Aug. 12; shares expected to list on NYSE under ticker RVII.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Robinhood Markets Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608030910PRIMZONEFULLFEED9802457) on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Robinhood Ventures Fund II launches IPO for 8,000,000 shares at expected USD 25 each

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