Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh

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Go back to Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh

Rubrik Announces Pricing of Upsized Initial Public Offering

April 24, 2024 9:25 PM EDT

PALO ALTO, Calif.--(BUSINESS WIRE)-- Rubrik, Inc. today announced the pricing of its upsized initial public offering of 23,500,000 shares of its Class A common stock at a public offering price of $32.00 per share. In addition, Rubrik has granted the underwriters a 30-day option to purchase up to an additional 3,525,000 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the New York Stock Exchange on April 25, 2024, under the symbol RBRK. The offering is expected to close on April 29, 2024, subject to customary closing... More