Couchbase (BASE) IPO Opens 23% Higher

Today's IPO for Couchbase (NASDAQ: BASE) opened for trading at $29.60 after pricing 8,339,130 shares of its common stock at a price to the public of $24.00 per share.

Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC are acting as lead book-running managers for the offering. Barclays Capital Inc. and RBC Capital Markets, LLC are acting as joint book-running managers for the offering. William Blair & Company, L.L.C., Stifel, Nicolaus & Company, Incorporated, Baird and Oppenheimer & Co. Inc. are acting as co-managers for the offering.

At Couchbase, we believe data is at the heart of the enterprise. We empower developers and architects to build, deploy and run their mission-critical applications. Couchbase delivers a high-performance, flexible and scalable modern database that runs across the data center and any cloud. Many of the world's largest enterprises rely on Couchbase to power the core applications their businesses depend on.

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