Toast to raise $869.6 million in U.S. IPO
- Country:
- United States
Restaurant software provider Toast Inc priced its U.S. initial public offering (IPO) well above the target range to raise $869.6 million.
Toast priced 21.7 million shares at $40 apiece, the company said in a statement on Wednesday. It had earlier increased its price range to between $34 and $36 per share from $30 to $33.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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