EngageSmart (ESMT) Prices 14.55M Share IPO at $26/sh

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Go back to EngageSmart (ESMT) Prices 14.55M Share IPO at $26/sh

EngageSmart Announces Pricing of Initial Public Offering

September 22, 2021 8:48 PM EDT

BRAINTREE, Mass.--(BUSINESS WIRE)-- EngageSmart, Inc., a leading provider of vertically-tailored customer engagement software and integrated payments solutions, today announced the pricing of its initial public offering of 14,550,000 shares of its common stock at a price of $26.00 per share. Of the offered shares, 13,000,000 shares are being offered by EngageSmart and 1,550,000 shares are being offered by certain of EngageSmarts existing stockholders. In addition, the underwriters will have a 30-day option to purchase from EngageSmart and the selling stockholders up to an additional 2,182,500 shares of their common stock at the initial public offering price, less underwriting discounts and commissions.... More