Finance Breaking news Alkami preps $2 billion-plus IPO last financial news

Breaking-Finance.Com - Cloud-based digital banking technology vendor Alkami has launched a preliminary prospectus for a proposed public offering of shares on the Nasdaq Global select Market that would value the company at somewhere above $2 billion.

Finance Breaking news Alkami preps $2 billion-plus IPO last financial news

Breaking-Finance.Com - Cloud-based digital banking technology vendor Alkami has launched a preliminary prospectus for a proposed public offering of shares on the Nasdaq Global select Market that would value the company at somewhere above $2 billion.

Finance Breaking news Alkami preps $2 billion-plus IPO last financial news
06 April 2021 - 13:45

Breaking-Finance.Com - Cloud-based digital banking technology vendor Alkami has launched a preliminary prospectus for a proposed public offering of shares on the Nasdaq Global select Market that would value the company at somewhere above $2 billion. Goldman Sachs, JPMorgan and Barclays are doing the grunt work for the IPO, which will comprise an initial offering of six million shares of Alkami common stock at a price of between $22 and $25 per share. The underwriters will also have a 30-day option to purchase up to 900,000 additional shares at the IPO debut price.

.Last September it raised $140 million in a funding round led by D1 Capital Partners and joined by Fidelity Management & Research, Franklin Templeton, and Stockbridge Investors.In its SEC filing, firms reports recurring annual revenue of $128 million at the end of last year and a subscription revenue mix of 94%.

Source = Breaking-Finance.Com

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Finance Breaking news Alkami preps $2 billion-plus IPO last financial news


Finance Breaking news Alkami preps $2 billion-plus IPO last financial news


Finance Breaking news Alkami preps $2 billion-plus IPO last financial news


Finance Breaking news Alkami preps $2 billion-plus IPO last financial news

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