Freshworks ,the customer engagement software maker has priced its initial public offering (IPO) at $36 per share, boosting its IPO share price for the second time in the past week and taking its valuation over $10 billion.
The company Freshworks is set to begin trading on the Nasdaq Global Select Market under the symbol “FRSH” later on September 22.
Freshworks has priced its initial public offering at $36 per share, boosting its IPO share price for the second time in the past week. It is set to begin trading on the Nasdaq Global Select Market under the symbol “FRSH” later on September 22.
Freshworks had earlier started plans to sell shares in the price range of $32-34 per share, after raising the range from $28-$32 per share.
At the current share price, Freshworks will raise a total $1.03 billion from the offering. Including an over-allotment of 2.85 million shares, the company’s total offer amount rises to about $1.13 billion.
