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Micro-cap home furnishings e-tailer Goedeker's prices IPO at $9 low end

July 30, 2020
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1847 Goedeker, which operates an e-commerce platform for appliances and home goods, raised $10 million by offering 1.1 million shares at $9, the low end of the range of $9 to $11. The company offered 0.1 million more shares than anticipated. At pricing, the company commands a market value of $53 million.

1847 Goedeker plans to list on the NYSE American under the symbol GOED. ThinkEquity acted as a lead manager on the deal.