other material
confidence high
sentiment positive
materiality 0.80
Expensify closes IPO of 11.19M shares at $27; gross proceeds ~$70.4M
Expensify, Inc.
- Total IPO of 11,190,392 Class A shares priced at $27.00 per share.
- Expensify sold 2,608,696 shares; selling stockholders sold 8,581,696 shares.
- Gross proceeds to Expensify ~$70.4M before underwriting discounts and expenses.
- Underwriters' option to purchase additional 1,459,616 shares exercised in full.
- Class A common stock listed on Nasdaq Global Select Market under 'EXFY'.