Robinhood plans to sell as much as a third of its initial public offering, or $770M of shares, directly to customers through its app (New York Times)

New York Times:
Robinhood plans to sell as much as a third of its initial public offering, or $770M of shares, directly to customers through its app  —  The stock trading app is opening its initial public offering and investor presentations to everyday investors.  The risks are significant.