ServiceTitans IPO keeps getting weirder | TechCrunch
News Source : TechCrunch
News Summary
- Cloud business software provider ServiceTitan offered a price range for its initial public stock of $52 to $57 a share
- The company plans to use a big chunk of the money — about $311 million — to buy back all the shares of its nonconvertible preferred stock, at $1,000 a share, which is the price these investors paid
On Tuesday, cloud business software provider ServiceTitan offered a price range for its initial public stock of $52 to $57 a share, with hopes to raise $446.2 million to $514.2 million at the midrang [+4081 chars]