Justworks, Inc (JW) Launches 7M Share IPO

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Justworks Announces Launch of Initial Public Offering

January 4, 2022 8:00 AM UTC

NEW YORK, Jan. 4, 2022 /PRNewswire/ -- Justworks, Inc. ("Justworks"), a cloud-based software platform that gives small and medium-sized businesses access to benefits, payroll, human resources, and compliance support, today announced the launch of its initial public offering of 7,000,000 shares of its Class A common stock. Justworks expects to grant the underwriters a 30-day option to buy an additional 1,050,000 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is currently expected to be between $29.00 and $32.00 per share. Justworks intends to list its... More