Klaviyo (KVYO) Prices 19.2M Share IPO at $30/sh

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Klaviyo Announces Pricing of Initial Public Offering

September 19, 2023 10:58 PM EDT

BOSTON--(BUSINESS WIRE)-- Klaviyo, Inc. (Klaviyo) (NYSE: KVYO), the company that powers smarter digital relationships, today announced the pricing of its initial public offering of 19,200,000 shares of its Series A common stock at an initial public offering price of $30.00 per share. The offering consists of 11,507,693 shares of Series A common stock offered by Klaviyo and 7,692,307 shares of Series A common stock to be sold by certain of Klaviyos existing stockholders.

In addition, the underwriters will have a 30-day option to purchase up to an additional 2,880,000 shares of Series A common stock from... More