Klaviyo Inc. looks set to continue the trend of upbeat Wall Street debuts, as the profitable digital marketing software-as-a-service company’s stock is...
Klaviyo Inc.
looks set to continue the trend of upbeat Wall Street debuts, as the profitable digital marketing software-as-a-service company’s stock is indicated to open up to 20% above the initial public offering price. The company said late Tuesday that its IPO of 19.2 million shares priced at $30 a share, above the expected range. The stock was expected to start trading on the New York Stock Exchange some time around midday Wednesday.
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Klaviyo prices IPO above range to raise $576 million: ReutersKlaviyo is discussing with its IPO underwriters the possibility of selling shares at $29 or $30 apiece, sources told Reuters.
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Klaviyo valued at $9.2 billion after pricing IPO above rangeMarketing automation company Klaviyo Inc secured a valuation of $9.2 billion in its initial public offering (IPO) on Tuesday, the company said, after pricing the share sale above its indicated range.
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Klaviyo prepares for US market debut after pricing IPO above rangeMarketing automation company Klaviyo was set to list its shares on the New York Stock Exchange on Wednesday, in a third big test for the market for new issues following smooth debuts of Arm Holdings and Instacart .
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Klaviyo Prices IPO At $30 a ShareThe third in a flurry of recent tech IPOs, the software marketing firm priced its offering at the top of the expected range.
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Klaviyo Prices Its IPO at $30 a ShareThe third in a flurry of recent tech IPOs, the software marketing firm priced its offering at the top of the expected range.
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