Docebo, which provides a cloud-based SaaS platform for professional training, raised $144 million by offering 3 million shares at $48, below the as-converted last close of its shares on the TSX (DCBO). The company originally planned to offer $125 million worth of shares.
Docebo plans to list on the Nasdaq under the symbol DCBO. Morgan Stanley, Goldman Sachs and Canaccord Genuity acted as lead managers on the deal.