Private Equity

Alkami Technology Expected Ipo Pricing Increases, Raising Company's Value To Up To $2.3B

by marketwatch.com posted 5months ago 125 views
Alkami Technology Inc. disclosed Monday that the expected pricing of its initial public offering has increased to between $26 and $28 a share from between $22 and $25 a share. With the Texas-based cloud-based digital banking company expected to offer 6 million shares in the IPO, the company could now raise up to $168.0 million. And with 83.14 million shares expected to be outstanding after the IPO, the expecting pricing could now value the company at up to $2.33 billion. The stock is expected to list on the Nasdaq under the ticker symbol "ALKT."

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