Cvent prices IPO at $21, above the range

By Renaissance Capital,

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Cvent, a leading cloud-based event management software provider, raised $118 million by offering 5.6 million shares at $21, above the range of $17 to $19. Cvent plans to list on the NYSE under the symbol CVT. Cvent initially filed confidentially on 4/29/2013. Morgan Stanley and Goldman Sachs acted as lead managers on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines IPOs
Referenced Stocks: CVT

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