Duolingo, Inc (DUOL) Prices 3.7M Share Offering at $102/sh

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Go back to Duolingo, Inc (DUOL) Prices 3.7M Share Offering at $102/sh

Duolingo Announces Pricing of Initial Public Offering

July 27, 2021 7:24 PM EDT

PITTSBURGH, July 27, 2021 /PRNewswire/ -- Duolingo, Inc. ("Duolingo"), the world's leading mobile language learning platform, announced today the pricing of its initial public offering of Class A common stock at a price to the public of $102.00 per share. Duolingo is offering 3,700,000 shares of Class A common stock and the selling stockholders named in the prospectus are offering 1,406,113 shares of Class A common stock. In addition, Duolingo has granted the underwriters a 30-day option to purchase an additional 765,916 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions. Duolingo... More