Don't rub your eyes - 21 months after announcing its intention to hit the public financial markets, Kayak is almost there, setting an opening share price at $25.
The company officially starts its investor roadshow this week, has revealed its most recent results and outlined how much it hopes to raise from the offering.
The offering is expected to price on or about the week of July 16, the company says.
The decision to go ahead with its IPO (it actually never cancelled the move, rather it just sat back and watched the markets) follows the high profile but turbulent IPO of Facebook and uncertainty about the overall travel sector around search.
In an S1 filing this morning, Kayak says it hopes to raise around $100 million from selling just over four million Class A shares at $25 each.
This company will trade on the NASDAQ in New York under the symbol "KYAK".
The most recent financial results for the company (also released today) show revenue jumping from $52.7 million in Q1 2011 to $73.3 million in the first quarter of this year.
Any hints as yet what Kayak plans to do with the proceeds of the IPO? Not really. The S1 filing says:
"While we do not have any current specific plans for the net proceeds resulting from this offering, we expect to use the net proceeds from this offering for working capital and other general corporate purposes.
"We may also use a portion of the proceeds to expand our current business through acquisitions or investments in other strategic businesses, products or technologies."
The 21 months since Kayak announced its decision to IPO have not seen the company just quietly sitting around waiting for the markets to become favourable for a listing.
It has watched with interest (but seen no material impact, it claims) as Google launched its somewhat tentative launch into flight search, integrated its last acquisition (Swoodoo in Germany), focused heavily on mobile and tablet devices and started re-jigging some of the technology behind the scenes.
Most interestingly, not least in the wider context of its very public battle with Google through the FairSearch group, is Kayak's decision to move closer to Amadeus to provide the technology behind search results.
Google-owned ITA Software now provides 39% of search results, compared to 61% just six months ago.
NB: Here is the roadshow video, featuring CEO Steve Hafner, CTO Paul English and CFO Melissa Reiter.