Viant Technology: Jumps 76% in Nasdaq debut
10/02/2021 16:56
** Shares of ad software co DSP.O surge 76% in their
market debut on Nasdaq
** Stock opens at $44/shr, up from IPO price of $25/shr
** Co valued at around $2.53 bln at the debut price
** Co on Tuesday sold 10 mln shares at $25 apiece, raising
$250 mln in its upsized IPO [nGNX6CJBKj
** DSP had earlier aimed to sell 8.5 mln shares at a range
of $22 to $24 each
** BofA Securities and UBS Investment Bank are the lead
underwriters for the offering
(Reporting by Niket Nishant in Bengaluru)
((Niket.Nishant@thomsonreuters.com))