WalkMe Ltd. (WKME) IPO Opens Fractionally Higher

June 16, 2021 11:57 AM EDT
Get Alerts WKME Hot Sheet
Price: $28.80 --0%

Overall Analyst Rating:
    BUY (= Flat)

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Today's IPO for WalkMe Ltd. (NASDAQ: WKME) opened for trading at $31.25 after pricing 9,250,000 ordinary shares at a price to the public of $31.00 per share.

Morgan Stanley, Goldman Sachs & Co. LLC and Citigroup are acting as lead book-running managers for the offering. Wells Fargo Securities, Barclays and BMO Capital Markets are acting as joint bookrunners for the offering. JMP Securities, KeyBanc Capital Markets and Needham & Company are acting as co-managers for the offering.

WalkMe's cloud-based Digital Adoption Platform enables organizations to measure, drive and act to ultimately accelerate their digital transformations and better realize the value of their software investments. Our code-free platform leverages our proprietary technology to provide visibility to an organization's Chief Information Officer and business leaders, while improving user experience, productivity and efficiency for employees and customers. Alongside walkthroughs and third-party integration capabilities, our platform can be customized to fit an organization's needs.

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Goldman Sachs, Citi, KeyBanc, Morgan Stanley, Needham & Company, BMO Capital, JMP Securities, Barclays, Wells Fargo, IPO