logo munafa.best

NEWS Gainers Losers
 Learn then Earn

 story : PowerSchool looks to raise up to 9.5 million as IPO terms were set #FinanceUSA #StockMarketNEWS PowerSchool Holdings Inc. has set terms for its initial public offering, in which the California-based

@stockMarketNEWS 11 Days ago

Posted in: #FinanceUSA #StockMarketNEWS

PowerSchool looks to raise up to 9.5 million as IPO terms were set #FinanceUSA #StockMarketNEWS
PowerSchool Holdings Inc. has set terms for its initial public offering, in which the California-based provider of unified platform software for the K-12 education market could be valued at up to .86 billion. The company is looking to raise up to 9.5 million as it is offering 39.47 million Class A shares in the IPO, which is expected to price between and a share. The company expects to have a total of 193.15 million shares outstanding after the IPO, including 153.22 million Class A shares. The stock is expected to list on the NYSE under the ticker symbol "PWSC." There are 17 underwriters listed, led by Goldman Sachs, Barclays, Credit Suisse and UBS Investment Bank. The company recorded a net loss of .6 million on revenue of 4.9 million in 2020, after a loss of .7 million on revenue of 5.0 million in 2019. The company is looking to go public at a time that the Renaissance IPO ETF has declined 4.3% over the past three months while the S&P 500 has gained 3.9%.


Munafa USA Munafa India Munafa NSE


Report

Munafa ebook, learn stock market trading

0 Comments

Sorted by latest first Latest Oldest Best

 Learn then Earn
Back to top | Use Dark Theme