Poshmark Inc. (POSH) Prices 6.6M Share IPO at $42/Sh

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Go back to Poshmark Inc. (POSH) Prices 6.6M Share IPO at $42/Sh

Poshmark, Inc. Announces Pricing of Initial Public Offering

January 13, 2021 8:58 PM EST

REDWOOD CITY, Calif., Jan. 13, 2021 /PRNewswire/ -- Poshmark, Inc. (Poshmark) today announced the pricing of the initial public offering (IPO) of 6,600,000 shares of its Class A common stock at a price to the public of $42.00 per share. All of the shares are being offered by Poshmark. The shares are expected to begin trading on the Nasdaq Global Select Market on Jan. 14, 2021 under the symbol "POSH." In addition, the underwriters have a 30-day option to buy up to an additional 990,000 shares of Class A common stock from the company at the IPO price, less underwriting discounts and... More