- Education technology company Instructure Holdings Inc INST priced 12.5 million shares at $20 per share in its initial public offering.
- It earlier planned to price IPO at $19.00 to $21.00 per share.
- The estimated gross proceeds are $250 million.
- The underwriters have a 30-day option to purchase additional shares up to 1.9 million.
- The shares are likely to begin trading on the NYSE under the ticker symbol "INST" today.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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