Domo, which provides on-demand access to real-time business data, raised $193 million by offering 9.2 million shares at $21, slightly above the midpoint of $19 to $22.
Domo plans to list on the Nasdaq under the symbol DOMO. Morgan Stanley, Allen & Company, Credit Suisse and UBS Investment Bank acted as lead managers on the deal.
The article Domo prices IPO slightly above the midpoint at $21 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's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts 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.
