UserTesting (USER) Launches 14.17M Share IPO at $15-$17/sh

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Go back to UserTesting (USER) Launches 14.17M Share IPO at $15-$17/sh

UserTesting Announces Launch of Initial Public Offering

November 8, 2021 6:00 AM EST

SAN FRANCISCO--(BUSINESS WIRE)-- UserTesting, Inc. (UserTesting), a leading provider of human insight, delivered through a video-first, experience testing platform, today announced the launch of its initial public offering of 14,169,407 shares of common stock. UserTesting is offering 10,000,000 shares and certain selling stockholders are offering 4,169,407 shares. In addition, UserTesting intends to grant the underwriters a 30-day option to buy an additional 2,125,411 shares of common stock. The initial public offering price is expected to be between $15.00 to $17.00 per share. UserTesting has been approved to list its common stock on the New York Stock Exchange under the ticker symbol "USER".

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