Coupa Software (COUP) Boosts IPO Size, Expected Price

Coupa Software (Nasdaq: COUP) filed an amended registration with the U.S. SEC for an IPO of its common stock. The company plans to offer 7.4 million shares and sees a pricing range of $16 - $18 per share. This compares to an offering size of 6.7 million shares with a pricing range of $14 - $16 per share expected at the end of last month.

Underwriters are Morgan Stanley, JPMorgan, Barclays, RBC Capital, JMP Securities, and Raymond James.

Coupa Software is a leading provider of a unified, cloud-based spend management platform that connects more than 460 organizations with more than 2 million suppliers globally.

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