OneStream Prices U.S. IPO Above Range to Raise $490 Million
Tuesday, 23 July 2024, 22:11
OneStream's IPO Overview
OneStream, supported by the private equity giant KKR & Co. Inc., has launched its initial public offering at a price of $20 per share. This surpasses the anticipated range of $17 to $19.
Financial Insights
- The IPO raised a total of $490 million.
- A total of 24.5 million shares were sold during the offering.
- OneStream's software assists organizations with essential financial tasks, including planning, budgeting, and forecasting.
Conclusion
This successful pricing indicates strong interest from investors and sets the stage for OneStream's future growth in the competitive landscape of financial technology.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.