[moreButton]
 Learn then Earn

 story : Freshworks sets IPO terms, to be valued at up to .9 billion #FinanceUSA #StockMarketNEWS Freshworks Inc. has set terms of its initial public offering, as the California-based customer experience

@stockMarketNEWS 4 Days ago

Posted in: #FinanceUSA #StockMarketNEWS

Freshworks sets IPO terms, to be valued at up to .9 billion #FinanceUSA #StockMarketNEWS
Freshworks Inc. has set terms of its initial public offering, as the California-based customer experience and IT service management software company looks to raise up to 2.0 million and be valued at up to .91 billion. The company is offering 28.5 million Class A shares in the IPO, which is expected to price between and a share. The company expects to have a total of 278.31 million Class A and Class B shares outstanding after the IPO. The stock is expected to list on the Nasdaq under the ticker symbol "FRSH." Morgan Stanley, J.P. Morgan and BofA Securities are the lead underwriters. The company recorded a net loss of 1.7 million on revenue of 8.9 million for the six month ended June 30, after a loss of 9.3 million on revenue of 0.5 million in the same period a year ago. The company is looking to go public at a time that the Renaissance IPO ETF has gained 6.8% year to date, while the S&P 500 has advanced 18.7%.


Munafa USA Munafa India Munafa NSE


Report

Munafa ebook, learn stock market trading

0 Comments

Sorted by latest first Latest Oldest Best

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme