Robinhood Ventures Fund II targets NYSE IPO Aug. 13 at expected price of $25 per share

Reuters2026/08/03 16:49

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Robinhood launched Robinhood Ventures Fund II (RVII), a business development company, with an IPO set for Aug. 13 on the NYSE.
RVII is expected to price at USD 25 per share under the ticker RVII.
The fund holds stakes in 80 early-stage private companies, targeting seed investments with a focus on Y Combinator-linked founders.
Robinhood Financial customers can request IPO shares through Robinhood, with the request window expected to close Aug. 12.
RVII will charge a 2% annual base management fee on net assets, with a 20% incentive fee on realized gains.

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: 202608031248PRIMZONEFULLFEED9802593) 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 targets NYSE IPO Aug. 13 at expected price of $25 per share

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