Credit: Shutterstock photoAppian, which provides a low-code app development platform with a focus on business processes, raised $75 million by offering 6.3 million shares at $12, within the range of $11 to $13. Appian plans to list on the Nasdaq under the symbol APPN. Morgan Stanley, Goldman Sachs and Barclays acted as lead managers on the deal.
The article Appian prices IPO at $12 midpoint originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
