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Rubber meets the road: Elastic prices IPO at $36, above the range

October 4, 2018
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Elastic, which provides open-source data search and visualization software, raised $252 million by offering 7 million shares at $36, above the upwardly-revised range of $33 to $35. Elastic plans to list on the NYSE under the symbol ESTC. Goldman Sachs, J.P. Morgan, Barclays, RBC Capital Markets, BofA Merrill Lynch, Citi and Jefferies acted as lead managers on the deal.