The company announced the pricing of its upsized initial public offering at the high-end of its proposed range USD 25, raising approximately USD 660 million with an initial market cap of nearly USD 4.8 billion.
The company plans to use the proceeds to expand its employee base, invest in sales and marketing, product development, general and administrative matters and working capital, in addition to using a portion for acquisitions or strategic investments in complementary businesses, products, services or technologies.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now