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Yes—Klarna went public in September 2025, but the August report that it might do so was not a confirmed schedule. The company launched its offering on September 2, priced shares at $40 each on September 9, began trading on the New York Stock Exchange as KLAR on September 10, and announced the offering’s close on September 11.
What the August report actually said
On August 1, 2025, TechCrunch reported information attributed to Bloomberg sources that Klarna might try to hold an IPO as early as September. The report said the timing had not been decided, so September was a possibility—not a confirmed date. TechCrunch also reported that Klarna had filed for an IPO in March and paused its plans about a month later after tariff announcements unsettled markets; those details were attributed to the report, not established here from the underlying filings. TechCrunch’s August 1 report
How the IPO unfolded
| Date | Milestone |
|---|---|
| September 2, 2025 | Klarna announced the launch of an offering of 34,311,274 ordinary shares, with an expected price range of $35–$37 per share. The company identified the NYSE ticker as KLAR. At launch, the registration statement had been filed but was not yet effective, and the offering remained subject to market conditions. Klarna’s launch announcement |
| September 9, 2025 | Klarna set the final offering price at $40 per share—above the initial expected range. The company said the SEC had declared its Form F-1 registration statement effective that day; trading was expected to start September 10 and the offering to close September 11, subject to customary conditions. Klarna’s pricing announcement |
| September 10, 2025 | Klarna shares began trading on the NYSE under the symbol KLAR. The SEC’s filing index records the Form 424B4 prospectus filing on this date. SEC filing index |
| September 11, 2025 | Klarna announced that the offering had closed. Klarna’s closing announcement |
What the $40 IPO price represented
The $40 figure was the final public offering price per ordinary share, not a current stock quote. Klarna’s initial expected range was $35–$37, announced at launch on September 2; the final price was announced on September 9. The company said the offering comprised 34,311,274 shares: 5,000,000 sold by Klarna and 29,311,274 sold by existing shareholders. Klarna said it would not receive proceeds from the shares sold by those shareholders. Klarna’s pricing announcement
How large Klarna said its business was at the time
In its IPO materials, Klarna reported approximately 111 million active consumers and approximately 790,000 merchants across 26 countries as of June 30, 2025. It also reported $112 billion in gross merchandise volume for the twelve months ended June 30, 2025. These are company-reported figures, not independently validated here. Klarna’s IPO announcement
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Trading date versus closing date
September 10 was the first day Klarna shares traded publicly on the NYSE. September 11 was the date the company announced the offering had closed. Those milestones answer different questions: a trading start is when public trading began, while the closing announcement marks completion of the offering process. The IPO price of $40 is the offering price and should not be read as KLAR’s share price today.
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