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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