- Search company Elastic NV ESTC intends to offer $500 million senior notes due 2029 in a private institutional offering.
- The offering proceeds will serve general corporate purposes, including capital expenditures, investments, working capital, and strategic acquisitions.
- It had an accumulated deficit of $613.3 million as of April 30, 2021.
- ESTC shares gained 60% last year.
- Price action: ESTC shares closed higher by 1.47% at $148.79 on Friday.
ESTCElastic NV
$83.912.18%
Edge Rankings
Momentum
38.15
Growth
37.58
Quality
-
Value
25.64
Price Trend
Short
Medium
Long
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