Corsair Gaming (CRSR) IPO Opens 11% Lower

Today's IPO for Corsair Gaming (NASDAQ: CRSR) opened for trading at $15.12 after pricing 14,000,000 shares of its common stock, 7,500,000 of which are being sold by Corsair and 6,500,000 of which are being sold by a selling stockholder, at a public offering price of $17.00 per share.

Goldman Sachs & Co. LLC, Barclays and Credit Suisse are serving as lead book-running managers and as representatives of the underwriters for the proposed offering. Macquarie Capital, Baird, Cowen and Stifel are also acting as book-running managers for the proposed offering. Wedbush Securities and Academy Securities are acting as co-managers for the proposed offering.

Corsair is a leading global provider and innovator of high-performance gear for gamers and content creators.

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