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

  • 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.
  • Related content: Benzinga's Full Upcoming and Recent IPOs Calendar
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