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Weave Communications Sets Ipo Terms, To Be Valued At Up To Nearly $1.8B

by marketwatch.com posted 4weeks ago 5 views
Weave Communications Inc. has set terms for its initial public offering, in which the Utah-based communications and engagement software company is looking to raised up to $140.0 million. The company said it is offering 5.0 million shares in the IPO, which is expected to price between $25 and $28 a share. With about 62.91 million shares expected to be outstanding after the IPO, the expected pricing could value the company at up to $1.76 billion. The stock is expected to list on the NYSE under the ticker symbol "WEAV." Goldman Sachs, BofA Securities and Citigroup are the lead underwriters.

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