LendingClub rebrands as Happen and moves to Nasdaq, shares start trading under HAPN
22.06.2026 - 21:39:06 | ad-hoc-news.de
By Thomas Klein, Operations & Strategy desk. Reviewed prior to publication on 2026-06-22, 21:37.
LendingClub Corporation (US5260231070) has completed its rebranding to Happen Bank and shifted its primary stock listing from the New York Stock Exchange to the Nasdaq Global Select Market under the new ticker HAPN, according to a company press statement cited by Investing.com and exchange notices from Nasdaq and the OCC. The first trading day for the HAPN shares on Nasdaq is June 22, 2026, while options tied to the former LC symbol are being delisted the same day as documented by an OCC circular and options market reports.
From NYSE LC to Nasdaq HAPN
Effective June 22, 2026, LendingClub’s primary listing moved from the New York Stock Exchange, where it previously traded under the ticker LC, to the Nasdaq Global Select Market under the new ticker HAPN, as outlined in a detailed exchange change notice summarised by MarketScreener and official Nasdaq communications.MarketScreener summary of the Nasdaq listing change The move places the stock among other US fintech and digital banking names on Nasdaq, next to peers such as SoFi and Upstart, which also rely heavily on technology-driven consumer lending models.
At the same time, LendingClub has formally adopted the Happen brand at the corporate level, now operating as Happen, Inc. and positioning its regulated bank subsidiary as Happen Bank, as reported in a San Francisco datelined piece from Investing.com that cites the company’s own press release and website updates.Investing.com report on the Happen rebrand and Nasdaq debut The rebrand is visible across the firm’s public touchpoints, including its main website, mobile app and member communications, and is designed to underline the transition from marketplace lender to full-service digital bank.
Options delisting and analyst reactions
In parallel with the equity listing change, the Options Clearing Corporation has notified market participants that listed options on LendingClub with the LC root will be delisted effective June 22, 2026, in line with its standard procedures for symbols undergoing corporate actions, ticker changes or primary listing transfers.OCC notice on the LC to HAPN option symbol change This means that investors who have previously used LC options for hedging or leverage will need to adjust their strategies to the new HAPN-linked contracts once the options market lists them under the updated ticker.
The stock’s strategic shift has been accompanied by a series of positive analyst revisions following the first-quarter 2026 earnings release, where the company reported earnings per share of 0.44 dollars versus a consensus estimate around 0.36 dollars and net revenue of 252.3 million dollars compared with expectations of 251.11 million dollars, according to a detailed overview collated by Investing.com from sell-side sources.Investing.com analyst reaction and Q1 2026 results coverage Stephens raised its price target to 22.50 dollars with an Overweight rating, Jefferies lifted its target to 24 dollars citing strong net interest income, and Citizens maintained a Market Outperform view with a 23.00 dollar target, reflecting a supportive analyst consensus around the growth and profitability trajectory.
All news and analysis on the LendingClub shares
Track further coverage, price data and regulatory filings on LendingClub’s transition to Happen and its Nasdaq listing under HAPN.
How Happen Bank makes its money
The company’s core business remains centered on digital banking via its wholly owned subsidiary, now branded as Happen Bank but still legally operated through LendingClub Bank, National Association, which acts as a marketplace bank combining deposit gathering with loan origination and distribution, as described in exchange filings and company presentations gathered by MarketScreener and Seeking Alpha summaries.MarketScreener description of Happen’s banking model Revenue stems mainly from personal loans, major purchase financing and auto refinance products, with income coming from interest, origination fees and the gain-on-sale of loans into the capital markets.
Where the stock trades today
The Happen shares (US5260231070) last traded on June 22, 2026, on the Nasdaq Global Select Market at around 19.21 dollars, according to recent composite pricing data collated by MarketScreener from primary exchange quotes, implying a modest premium to prior New York Stock Exchange closing levels around the same price range and valuing the company at roughly the mid-single-digit billion-dollar level based on current market capitalization estimates.
Key data on the LendingClub shares
- Company: LendingClub Corporation
- ISIN: US5260231070
- WKN: A1W4R3
- Ticker: HAPN
- Trading venue: Nasdaq Global Select Market
- Price (as of 2026-06-22, 20:00): 19.21 USD
- Market cap: approximately 2.0 billion USD (as of 2026-06-22)
- Sector / industry: Financials / Consumer Finance and Digital Banking
- Index membership: not a member of major headline indices such as the S&P 500 or Nasdaq-100 as of the latest data
- Next earnings date: not officially scheduled
Disclaimer: This article is for informational purposes only and does not constitute investment advice, investment recommendation or an offer to buy or sell any financial instrument. Readers should conduct their own research and, where appropriate, consult a licensed financial adviser before making investment decisions.
