Chicago’s Sprout Social prices IPO mid-range at $17 per share, raising $150M
TechCrunch Startup News · TechCrunch
December 16, 20193m 39s
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Show Notes
On the heels of Bill.com’s debut, Chicago-based social media software company Sprout Social priced its IPO last night at $17 per share, in the middle of its proposed $16 to $18 per-share range. Selling 8.8 million shares, Sprout raised just under $150 million in its debut. Underwriters have the option to purchase an additional 1.3 million shares if they so choose.
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