KinderCare (KLC) Prices 24M Share IPO at $24/sh
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KinderCare Announces Pricing of Initial Public Offering
October 8, 2024 8:07 PM EDTPORTLAND, Ore.--(BUSINESS WIRE)-- KinderCare Learning Companies, Inc. (KinderCare), the nations largest private provider of high-quality early childhood education by center capacity, today announced the pricing of its initial public offering of 24,000,000 shares of its common stock at a public offering price of $24.00 per share. The underwriters have a 30-day option to purchase up to 3,600,000 shares of common stock from KinderCare at the initial public offering price, less underwriting discounts and commissions. KinderCares common stock is expected to begin trading on The New York Stock Exchange on October 9, 2024, under the symbol KLC. The offering is expected to close on... More
