Venture Beat posted an article that Go Daddy priced its shares at $20.
GoDaddy, a company that has carved out a large position for itself in the domain registration and web hosting markets, today priced shares of its stock at $20 in its initial public offering, ahead of the expected debut of company stock on the New York Stock Exchange later this week.
Reuters and SeekingAlpha are reporting on the pricing news, alongside tweets from CNBC and Investor’s Business Daily writer Brian Deagon.
The company would not immediately comment.
Earlier reports said the company was looking to sell 22 million shares. If all of those shares were sold, that would mean GoDaddy has raised $440 million in the IPO before the shares become publicly traded.
Read the full article here
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