Monday.com Ltd., the workplace management software maker, priced its US initial public offering above a marketed range at $ 155 a share, according to data compiled by Bloomberg.
The Tel Aviv-based company had planned to sell 3.7 million shares for $ 125 to $ 140 each on Wednesday.
At $ 155 a share, Monday.com is raising $ 574 million in the IPO. The company would have a market value of about $ 6.8 billion based on the outstanding shares listed in its filings with the US Securities and Exchange Commission. Including stock options, the company’s diluted value would …
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