18 Dec 2025

Wealthfront Completes $485 Million Initial Public Offering

"Simpson Thacher acted as regulatory counsel to Wealthfront Corporation in its $485 million initial public offering of 34,615,384 shares at $14.00 per share. The shares began trading on the Nasdaq Global Select Market on December 12, 2025 under the ticker WLTH."

Simpson Thacher represented Wealthfront Corporation as regulatory counsel in connection with its initial public offering. The transaction comprised the initial public offering of 34,615,384 shares of Wealthfront's common stock at a public offering price of $14.00 per share, yielding gross proceeds of approximately $485 million. The shares began trading on the Nasdaq Global Select Market on December 12, 2025 under the ticker symbol WLTH. Wealthfront, a technology-driven financial platform, offers a broad suite of products, including cash management, investing, borrowing, and financial planning solutions. Simpson Thacher represented Wealthfront Corporation with a team composed by: Justin Browder and John Rupp (Registered Funds/Asset Management Regulatory and Enforcement) and Mark Brod, Will Golden and Amy Donofrio (Capital Markets).
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