Weave Communications (WEAV) IPO Opens 9% Lower

Today's IPO for Weave Communications, Inc. (NYSE: WEAV) opened for trading at $21.80 after pricing 5,000,000 shares of common stock at a price to the public of $24.00 per share.

Goldman Sachs & Co. LLC, BofA Securities and Citigroup are acting as lead book-running managers for the offering. Piper Sandler, Raymond James, Stifel, William Blair, Guggenheim Securities, Academy Securities, Loop Capital Markets and Tigress Financial Partners are acting as co-managers for the offering.

Weave Communications, Inc. is a leading all-in-one customer communications and engagement software platform for small and medium-sized businesses.

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