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Klaviyo said it priced 19.2 million shares at $30 apiece. It had raised its indicated IPO price range from $25-$27 per share to $27-$29 per share on Monday. Klaviyo valued at $9.2 billion after ...
In November 2022, Klaviyo announced its first acquisition, code development firm Napkin.io. [12] In April 2023, Klaviyo filed for an initial public offering (IPO) for a listing at the New York Stock Exchange. [8] [13] In September, the company went public, raising $576 million in the IPO at a $9.2 billion valuation. [14] [15]
The IPO, which is scheduled to price on Tuesday, is nearly 20 times oversubscribed because of investor demand, Reuters reported last week. Marketing firm Klaviyo lifts IPO price range, targets $9 ...
Klaviyo also surrendered most of its initial gains, hitting a low for the day of $30.26, just above its $30 IPO price. The stock hit an intraday peak of $39.47 and closed at $32.76, up 9.2%.
Date Reported by 39 ... Klaviyo: 9.5 May 2021 [75] Marketing United States ... IPO 73 China Cheng Wei: Facebook 50 January 2011 May 2012 [610] IPO 104
(Reuters) -Klaviyo is seeking a fully-diluted valuation of up to $8.4 billion in its initial public offering (IPO) in the United States, the marketing firm said on Monday, as it becomes the latest ...
Klaviyo, which is seeking an $8 billion fully diluted valuation at the midpoint of its $25-$27 range, is in talks with its IPO underwriters about raising that range, the sources said.
Klaviyo is discussing with its IPO underwriters the possibility of selling shares at $29 or $30 apiece, the sources said. The company revised its indicated IPO price range from $25-27 per share to ...