Doximity (DOCS) IPO Opens 58% Higher

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Go back to Doximity (DOCS) IPO Opens 58% Higher

Doximity Announces Pricing of Initial Public Offering

June 23, 2021 6:00 PM EDT

SAN FRANCISCO, June 23, 2021 /PRNewswire/ -- Doximity, Inc. ("Doximity") (NYSE: DOCS) today announced the pricing of its initial public offering of 23,300,000 shares of its Class A common stock at a price to the public of $26.00 per share. The offering consists of 19,010,750 shares of Class A common stock being sold by Doximity and 4,289,250 shares of Class A common stock being sold by an existing stockholder.  The gross proceeds from the offering to Doximity are expected to be approximately $494.3 million, before deducting underwriting discounts and commissions and other offering expenses payable... More