Pinterest (PINS) Prices 75M Share IPO at $19/Sh

Go back to Pinterest (PINS) Prices 75M Share IPO at $19/Sh

Pinterest Announces Pricing of Initial Public Offering

April 17, 2019 7:59 PM EDT

SAN FRANCISCO, April 17, 2019 /PRNewswire/ -- Pinterest, Inc. ("Pinterest") today announced the pricing of its initial public offering of its Class A common stock at a price to the public of $19.00 per share. Pinterest is offering 75,000,000 shares of its Class A common stock, plus up to an additional 11,250,000 shares that the underwriters have the option to purchase. The shares are expected to begin trading on the New York Stock Exchange on April 18, 2019 under the symbol "PINS" and the offering is expected to close on April 23, 2019, subject to customary closing conditions.

Goldman Sachs & Co. LLC, J.P.... More