Outbrain (OB) IPO Opens Flat

Today's IPO for Outbrain Inc. (NASDAQ: OB) opened for trading at $20 after pricing 8,000,000 shares of common stock at a price to the public of $20.00 per share.

Citigroup, Jefferies, Barclays, and Evercore ISI are acting as joint bookrunners for the offering. JMP Securities, Needham & Company and LUMA Securities are acting as co-managers.

Outbrain is a leading recommendation platform for the open web. Our technology enables one-third of the world's online consumers to discover new things through recommendation feeds on their favorite media and connects advertisers to these audiences to grow their business. Outbrain partners with publishers and marketers in more than 55 countries worldwide and is headquartered in New York City, with offices in 18 cities worldwide.

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