![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgrfK325AbVwdw7lwUOTHmx1d6GsUV-qVG990gYM9dYOD_I3e28ey4UgiaaMu4Qr4sEe6bSfbl7rokSfx-7nzBntbsSWDoqoFPuxo6b4rTT0bLH1Jm8Glok2YTPnn-a7_GPeHRmzA9TPu8/s200/LMND-Lemonade-IPO.png)
After the close Wednesday, Lemonade priced 11 million shares at $29 apiece, above the already increased range of $26 to $28 from earlier in the day.
The IPO price values the company at $1.64 billion should all options be exercised, just shy of the $1.7 billion valuation calculated from a $300 million investment led by SoftBank Group Corp. 9984, 2.29% in April 2019.
No comments:
Post a Comment