Zenvia Raises $150M Via IPO At $13 Per Share

by Anusuya Lahiri, Benzinga Editor

July 22, 2021 6:56 AM | 1 min read |

Customer experience communications platform Zenvia Inc ZENV priced 11.5 million shares at $13 per share in its initial public offering.
The estimated gross proceeds are $150 million.
The underwriters have the option to purchase additional shares up to 1.7 million.
The shares are likely to begin trading on the Nasdaq today under the ticker symbol "ZENV."
Additionally, Twilio Inc TWLO has agreed to purchase 3.8 million additional shares in a private placement at $13 per share, amounting to $50 million.
Price action: TWLO shares traded lower by 0.01% at $393.9 in the premarket session on the last check Thursday.

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