Credit: Shutterstock photoSmartsheet, which provides a spreadsheet-based work collaboration platform, raised $175 million by offering 11.6 million shares at $15, above the revised range of $12 to $14. It had previously filed at a range of $10 to $12. Smartsheet plans to list on the NYSE under the symbol SMAR. Morgan Stanley, J.P. Morgan, Jefferies and RBC Capital Markets acted as lead managers on the deal.
The article Smartsheet prices IPO at $15, above the revised 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.
