Credit: Shutterstock photoElastic, which provides open-source data search and visualization software, raised $252 million by offering 7 million shares at $36, above the upwardly-revised range of $33 to $35. Elastic plans to list on the NYSE under the symbol ESTC. Goldman Sachs, J.P. Morgan, Barclays, RBC Capital Markets, BofA Merrill Lynch, Citi and Jefferies acted as lead managers on the deal.
The article Rubber meets the road: Elastic prices IPO at $36, above the range originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
