Duck Creek Technologies (DCT) Prices 15M Share Common Offering at $27/Sh
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Duck Creek Technologies Prices Initial Public Offering
August 13, 2020 8:00 PM EDTBOSTON, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Duck Creek Technologies, Inc. (Duck Creek), a provider of SaaS-delivered enterprise software to the property and casualty (P&C) insurance industry, announced today the pricing of its initial public offering of 15,000,000 shares of its common stock at a price of $27.00 per share. The shares are expected to begin trading on the Nasdaq Global Select Market on August 14, 2020 under the symbol DCT. The offering is expected to close on August 18, 2020 subject to customary closing conditions. The underwriters have a 30-day option to purchase up to an additional 2,250,000 shares of common stock at the initial public offering price, less... More
