Will Subhub’s market cap be at least $13B at market close on IPO day?

StubHub ($STUB) is due to IPO on September 17, 2025. This is a market on StubHub’s market capitalization in USD at the end of its first day of trading. Market capitalization expresses the monetary value of a company’s outstanding shares, stated in their pricing currency. It is calculated as the number of shares outstanding multiplied by the price at which they trade. 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 StubHub’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. If the listed IPO does not occur on the scheduled listing date, the market will remain open for 45 calendar days. If the listed IPO has not commenced trading within that period, this market will resolve to “Other.”