PubMatic Inc. (PUBM) Prices 5.9M Share Class A Offering at $20/Sh

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Go back to PubMatic Inc. (PUBM) Prices 5.9M Share Class A Offering at $20/Sh

PubMatic Announces Pricing of Initial Public Offering

December 9, 2020 12:30 AM EST

REDWOOD CITY, Calif., Dec. 08, 2020 (GLOBE NEWSWIRE) -- PubMatic, Inc. (Nasdaq: PUBM) today announced the pricing of its initial public offering of 5,900,000 shares of Class A common stock at a price to the public of $20.00 per share. PubMatic is offering 2,655,000 shares and certain selling stockholders are offering 3,245,000 shares. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to 885,000 additional shares of common stock at the initial public offering price, less underwriting discounts. PubMatic will not receive any proceeds from any sale of shares by the selling... More