Outbrain Inc. (OB) Prices 8M Share IPO at $20/sh

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Go back to Outbrain Inc. (OB) Prices 8M Share IPO at $20/sh

Outbrain Inc. Announces Pricing of Initial Public Offering

July 22, 2021 10:11 PM EDT

NEW YORK, July 22, 2021 (GLOBE NEWSWIRE) -- Outbrain Inc. (Outbrain), announced today the pricing of its initial public offering of 8,000,000 shares of common stock at a price to the public of $20.00 per share. The gross proceeds to Outbrain from the offering, before deducting the underwriting discounts and commissions and offering expenses, are expected to be approximately $160 million. The shares are expected to begin trading on the Nasdaq Global Market on July 23, 2021 under the symbol OB. The offering is expected to close on July 27, 2021, subject to customary closing conditions. In addition, the underwriters have been granted a 30-day option to... More