TeenPopZ
2021-09-22
Ok
Software Firm Freshworks Considers Pricing IPO at $36 a Share
免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。
分享至
微信
复制链接
精彩评论
我们需要你的真知灼见来填补这片空白
打开APP，发表看法
APP内打开
发表看法
3
3
{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":869883746,"tweetId":"869883746","gmtCreate":1632272361785,"gmtModify":1632801599972,"author":{"id":3566966810662099,"idStr":"3566966810662099","authorId":3566966810662099,"authorIdStr":"3566966810662099","name":"TeenPopZ","avatar":"https://static.tigerbbs.com/8c1bdc62c66e3417a063fc38a4171048","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":33,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Ok</p></body></html>","htmlText":"<html><head></head><body><p>Ok</p></body></html>","text":"Ok","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/869883746","repostId":1111352790,"repostType":4,"repost":{"id":"1111352790","kind":"news","pubTimestamp":1632271383,"share":"https://www.laohu8.com/m/news/1111352790?lang=&edition=full","pubTime":"2021-09-22 08:43","market":"us","language":"en","title":"Software Firm Freshworks Considers Pricing IPO at $36 a Share","url":"https://stock-news.laohu8.com/highlight/detail?id=1111352790","media":"Bloomberg","summary":"(Bloomberg) -- Freshworks Inc. is considering pricing its initial public offering above a marketed r","content":"<p>(Bloomberg) -- Freshworks Inc. is considering pricing its initial public offering above a marketed range that it had elevated earlier this week, according to a person familiar with the matter.</p>\n<p>The company may sell the shares on Tuesday for $36 each after marketing 28.5 million of them for for $32 to $34, said the person, who asked not to be identified because the information wasn’t public yet. In what was already set to be one of the largest IPOs on a U.S. exchange this week, Freshworks on Monday had lifted the planned range from $28 to $32.</p>\n<p>At $36 a share, Freshworks would raise about $1 billion and have a market value of $10 billion based on the outstanding shares listed in its filings with the U.S. Securities and Exchange Commission. Accounting for employee stock options and restricted stock units, the company would have a fully diluted value of more than $11 billion.</p>\n<p>A representative for the company said the IPO pricing hadn’t been completed yet.</p>\n<p>The potential competitor to far larger Salesforce.com Inc. was valued at $3.5 billion in a 2019 funding round.</p>\n<p>Freshworks boosted revenue about 40% last year after the coronavirus pandemic prompted businesses to go digital, and sales continue to grow in the first half of 2021 while its net loss shrank.</p>\n<p>Now with 52,500 customers, saw its revenue grow in the first six months of this year to $169 million, up from $110 million in the first half of 2020. Its net loss shrank to $9.8 million from $57 million from a year ago, according to its filings.</p>\n<p>Freshworks was founded in India and moved to Silicon Valley to be closer to customers. Now based in San Mateo, California, the company retains a substantial workforce in the southern Indian city of Chennai. In its filings with the U.S. Securities and Exchange Commission, founder Girish Mathrubootham likened Freshworks software to the iPhone, saying businesses shouldn’t have to rely on multiple tools to engage with customers.</p>\n<p>Affiliates of Accel India and others of Tiger Global Management each control more than a quarter of the company’s Class B shares.</p>\n<p>The IPO is being led by Morgan Stanley, JPMorgan Chase & Co. and Bank of America Corp. Freshworks shares are expected to begin trading Wednesday on the Nasdaq Global Select Market under the symbol FRSH.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Software Firm Freshworks Considers Pricing IPO at $36 a Share</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoftware Firm Freshworks Considers Pricing IPO at $36 a Share\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-22 08:43 GMT+8 <a href=https://finance.yahoo.com/news/software-firm-freshworks-considers-pricing-215118632.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Freshworks Inc. is considering pricing its initial public offering above a marketed range that it had elevated earlier this week, according to a person familiar with the matter.\nThe ...</p>\n\n<a href=\"https://finance.yahoo.com/news/software-firm-freshworks-considers-pricing-215118632.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FRSH":"Freshworks"},"source_url":"https://finance.yahoo.com/news/software-firm-freshworks-considers-pricing-215118632.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111352790","content_text":"(Bloomberg) -- Freshworks Inc. is considering pricing its initial public offering above a marketed range that it had elevated earlier this week, according to a person familiar with the matter.\nThe company may sell the shares on Tuesday for $36 each after marketing 28.5 million of them for for $32 to $34, said the person, who asked not to be identified because the information wasn’t public yet. In what was already set to be one of the largest IPOs on a U.S. exchange this week, Freshworks on Monday had lifted the planned range from $28 to $32.\nAt $36 a share, Freshworks would raise about $1 billion and have a market value of $10 billion based on the outstanding shares listed in its filings with the U.S. Securities and Exchange Commission. Accounting for employee stock options and restricted stock units, the company would have a fully diluted value of more than $11 billion.\nA representative for the company said the IPO pricing hadn’t been completed yet.\nThe potential competitor to far larger Salesforce.com Inc. was valued at $3.5 billion in a 2019 funding round.\nFreshworks boosted revenue about 40% last year after the coronavirus pandemic prompted businesses to go digital, and sales continue to grow in the first half of 2021 while its net loss shrank.\nNow with 52,500 customers, saw its revenue grow in the first six months of this year to $169 million, up from $110 million in the first half of 2020. Its net loss shrank to $9.8 million from $57 million from a year ago, according to its filings.\nFreshworks was founded in India and moved to Silicon Valley to be closer to customers. Now based in San Mateo, California, the company retains a substantial workforce in the southern Indian city of Chennai. In its filings with the U.S. Securities and Exchange Commission, founder Girish Mathrubootham likened Freshworks software to the iPhone, saying businesses shouldn’t have to rely on multiple tools to engage with customers.\nAffiliates of Accel India and others of Tiger Global Management each control more than a quarter of the company’s Class B shares.\nThe IPO is being led by Morgan Stanley, JPMorgan Chase & Co. and Bank of America Corp. Freshworks shares are expected to begin trading Wednesday on the Nasdaq Global Select Market under the symbol FRSH.","news_type":1},"isVote":1,"tweetType":1,"viewCount":62,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/869883746"}
精彩评论