From crunchbase Construction tech company Procore began trading on Thursday, closing at $88, 31 percent above its IPO price. Known for its construction management software platform, Carpinteria, California-based Procore raised nearly $635 million through its IPO, selling 9.47 million shares for $67 apiece. The company had set a price range of between $60 and $65 for its[…]
From Bloomberg: Procore Technologies Inc., a cloud-based construction software company, is seeking to raise as much as $616 million in an initial public offering. Procore, which is restarting its IPO plans after they were delayed by the coronavirus pandemic, said in a filing Monday that it plans to sell 9.47 million shares for $60 to $65 each.[…]
From ENR: Carpinteria, Calif.-based construction-management technology provider Procore filed papers on Feb. 26 with the Securities and Exchange Commission for an initial public offering of common stock. Procore intends to list its common stock on The New York Stock Exchange under the ticker symbol “PCOR.” The move comes about a year after Procore last filed for an[…]