Barclays and Citigroup Global Markets are the bookrunners
By Devika Patel
Knoxville, Tenn., April 2 – Kornit Digital Ltd. said it priced its $71 million initial public offering of stock with a $10.65 million greenshoe on Wednesday.
The company will sell 7.1 million ordinary shares at $10.00 per share.
Barclays and Citigroup Global Markets Inc. are the bookrunning managers.
Based in Rosh-Ha'ayin, Israel, Kornit develops and sells digital printing products for the global printed textile industry. The company intends to list its common stock on the Nasdaq stock exchange under the symbol “KRNT.”
| Issuer: | Kornit Digital Ltd.
|
| Issue: | Ordinary stock
|
| Amount: | $71 million
|
| Greenshoe: | $10.65 million
|
| Shares: | 7.1 million
|
| Price: | $10.00
|
| Warrants: | No
|
| Bookrunners: | Barclays and Citigroup Global Markets Inc.
|
| Co-managers: | William Blair & Co., LLC, Stifel, Canaccord Genuity Inc. and Needham & Co., LLC
|
| Pricing date: | April 1
|
| Stock exchange: | Nasdaq: KRNT
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
