Paymentus Raises $210M From IPO at $21/Share; Trading Begins Today

May 26, 2021 7:05 AM | 27 seconds read |

Cloud-based bill payment technology solutions provider, Paymentus Holdings Inc PAY, has priced 10 million shares at $21 per share to raise $210 million from its initial public offering (IPO) as initially reported.
The underwriters have 30 days to purchase additional shares up to 1.5 million.
The shares are estimated to begin trading on the NYSE under the symbol "PAY" today.
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