MongoDB (MDB) Sinks on Primary Share Offering, Seen as a War Chest Building for Strategic Investment and Execution

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Go back to MongoDB (MDB) Sinks on Primary Share Offering, Seen as a War Chest Building for Strategic Investment and Execution

MongoDB (MDB) Prices Upsized 2.5M Share Offering at $365/sh

June 30, 2021 5:05 AM EDT

MongoDB, Inc. (Nasdaq: MDB), the leading, modern general purpose database platform, today announced the pricing of an underwritten public offering of 2,500,000 shares of its Class A common stock at a price to the public of $365.00 per share. MongoDB estimates that the net proceeds from the sale of the shares will be approximately $889.0 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by MongoDB. The offering is expected to close on July 2, 2021, subject... More

MongoDB (MDB) files to offer 2.3 million shares

June 29, 2021 5:18 PM EDT

MongoDB (NASDAQ: MDB) files to offer 2.3 million shares. The offering is being led by Morgan Stanely, Goldman Sachs, and others.

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