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DocuSign prices IPO at $29, above the upwardly revised range

April 26, 2018
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DocuSign, which provides the world's leading cloud-based e-signature platform, raised $629 million by offering 21.7 million shares (26% insider) at $29, above the revised range of $26 to $28. The company originally proposed a range of $24 to $26. DocuSign plans to list on the Nasdaq under the symbol DOCU. Morgan Stanley, J.P. Morgan, Citi, BofA Merrill Lynch and Deutsche Bank acted as lead managers on the deal.