Four IPOs raised $767 million. Even as the broader IPO market traded off, all four companies this week were positive and three popped 40% or more. Big data software provider Elastic (ESTC) priced well above its range and flew up 94%. With...read more
Upwork, a marketplace for businesses to hire and manage remote freelancers, raised $187 million by offering 12.5 million shares at $15, above the upwardly revised range of $12 to $14. Upwork plans to list on the Nasdaq under the symbol UPWK. Citi, Jefferies...read more
Upwork, a marketplace for businesses to hire and manage remote freelancers, raised the proposed deal size for its upcoming IPO on Monday. The Mountain View, CA-based company now plans to raise $160 million by offering 12.30 million shares (now 5.48 million...read more
Upwork, a marketplace for businesses to hire and manage remote freelancers, announced terms for its IPO on Friday. The Mountain View, CA-based company plans to raise $135 million by offering 12.3 million shares (44% insider) at a price range of $10 to $12....read more
US IPO Weekly Recap: US tech IPOs on a tear as Elastic bounds 94%
Four IPOs raised $767 million. Even as the broader IPO market traded off, all four companies this week were positive and three popped 40% or more. Big data software provider Elastic (ESTC) priced well above its range and flew up 94%. With...read more
Upwork prices IPO at $15, above the revised range
Upwork, a marketplace for businesses to hire and manage remote freelancers, raised $187 million by offering 12.5 million shares at $15, above the upwardly revised range of $12 to $14. Upwork plans to list on the Nasdaq under the symbol UPWK. Citi, Jefferies...read more
Freelancer marketplace Upwork increases proposed IPO deal size
Upwork, a marketplace for businesses to hire and manage remote freelancers, raised the proposed deal size for its upcoming IPO on Monday. The Mountain View, CA-based company now plans to raise $160 million by offering 12.30 million shares (now 5.48 million...read more
Freelancer marketplace Upwork sets terms for $135 million IPO
Upwork, a marketplace for businesses to hire and manage remote freelancers, announced terms for its IPO on Friday. The Mountain View, CA-based company plans to raise $135 million by offering 12.3 million shares (44% insider) at a price range of $10 to $12....read more