PowerSchool Holdings, Inc., (PWSC) Prices 39.5M Share IPO at $18/sh

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PowerSchool Announces Pricing of Initial Public Offering

July 28, 2021 1:53 AM EDT

FOLSOM, Calif.--(BUSINESS WIRE)-- PowerSchool Holdings, Inc., (NYSE: PWSC) (PowerSchool), the leading provider of cloud-based software for K-12 education in North America, today announced the pricing of its underwritten initial public offering of 39,473,685 shares of Class A common stock at a price to the public of $18.00 per share. In connection with this offering, PowerSchool has granted the underwriters a 30-day option to purchase up to an additional 5,921,052 shares at the initial public offering price, less the underwriting discount. The shares of Class A common stock are expected to begin trading on the New... More