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Klaviyo Inc Prices Initial Public Offering At $30 Per Share Versus Guidance Of Between $27 And $29 Per Share – Reuters

© Reuters. Klaviyo Inc Prices Initial Public Offering At $30 Per Share Versus Guidance Of Between $27 And $29 Per Share – Reuters

(Updated – September 19, 2023 5:14 PM EDT)

Klaviyo Inc Prices Initial Public Offering At $30 Per Share Versus Guidance Of Between $27 And $29 Per Share – Reuters

  • Klaviyo priced its initial public offering (IPO) on Tuesday above its indicated price range to raise $576 million.
  • Klaviyo priced 19.2 million shares at $30 apiece – sources.
  • The company revised its indicated IPO price range from $25-27 per share to $27-$29 per share on Monday.

  • At $30/sh the company will be valued at $9.2B.

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