Instructure (INST) Launches 12.5M Share IPO at $19-$21/sh

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Go back to Instructure (INST) Launches 12.5M Share IPO at $19-$21/sh

Instructure Announces Launch of Initial Public Offering

July 13, 2021 9:00 AM EDT

SALT LAKE CITY, July 13, 2021 /PRNewswire/ --  Instructure Holdings, Inc. today announced the launch of the roadshow for its initial public offering of 12,500,000 shares of its common stock. Instructure also intends to grant the underwriters a 30-day option to purchase up to an additional 1,875,000 shares of Instructure's common stock. The initial public offering price is currently expected to be between $19.00 and $21.00 per share. Instructure has been approved to list its common stock on the New York Stock Exchange (NYSE) under the ticker symbol "INST."

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