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Procore Prices IPO, Starts Trading Today

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Carpinteria-based construction management software developer Procore Technologies priced its IPO last night, saying it will sell 9,470,000 shares of its common stock at a price of $67.00 The IPO priced above the company's initial estimated IPO range, which was $60.00 The IPO was underwritten by Goldman Sachs & Co.,

Pricing 113
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Procore Sets Initial Estimated IPO Pricing

socalTECH

Carpinteria-based construction management software developer Procore has set its estimated initial IPO pricing, saying in a filing today that it now expects an initial offering price of betweenn $60.00 Morgan, Barclays, Jefferies, Canaccord Genuity, KeyBanc Capital Markets, Oppenheimer & Co., and $65.00

Pricing 113
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Magnite Prices $350M Offering

socalTECH

Los Angeles-based Magnite, the sell-side advertising software developer which was previously known as Rubicon Project, says it has priced an offering of $350M in convertible senior notes. The company said the convertible note offering was made to qualified institutional buyers. The notes are due in 2026.

Pricing 113
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CrowdStrike Sets IPO Pricing Range

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CrowdStrike , the cybersecurity software developer which has a significant research and development presence in Irvine, has set its IPO pricing range, saying on Wednesday that it looking to sell 18,000,000 shares of its common stock at between $19.00 and $23.00 The IPO is being underwritten by Goldman Sachs & Co.

Pricing 113
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Procore Now Worth More Than $11 Billion After IPO

socalTECH

Carpinteria-based Procore, the construction management software developer which went IPO this morning, is now worth more than $11 billion in market value, after pricing at $67.00 Morgan Securities, Barclays Capital, and Jefferies, along with Canaccord Genuity, KeyBanc Capital Markets, Oppenheimer & Co.,

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Crowdstrike Bumps Estimated Initial IPO Range

socalTECH

In an indication of strong demand, CrowdStrike , the cybersecurity software developer which was founded in Orange County, has bumped its IPO pricing range to between $23.00 The pricing is a big bump from an earlier, $19.00 and $30.00 per share the company set last week.

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Crowdstrike Surges In IPO Debut; CEO Kurtz Now A Billionaire

socalTECH

Crowdstrike , the cybersecurity software developer which was founded in Orange County, and which continues to have a healthy presence in Irvine, saw a huge surge in its IPO debut on Wednesday, making Crowdstrike CEO George Kurtz a billionaire. The company priced its IPO at $34.00 per share, and opened up at $63.50