other material
confidence high
sentiment positive
materiality 0.80
NerdWallet closes IPO of 8.34M shares at $18.00; gross proceeds $150.1M
NERDWALLET, INC.
- Sold 8,337,500 shares including full underwriter option exercise at $18.00/share.
- Gross proceeds of $150.1 million before underwriting commissions and expenses.
- Shares listed on Nasdaq Global Market under ticker NRDS.
- Lead book-running managers: Morgan Stanley, KeyBanc Capital Markets, BofA Securities.
- IPO closing triggered amendments to certificate of incorporation and bylaws.