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home / news releases / PAY - SaaS-based billing platform Paymentus prices IPO at $21 top of its estimated range

PAY - SaaS-based billing platform Paymentus prices IPO at $21 top of its estimated range

Verifone Systems Inc.
Paymentus Holdings (PAY) has priced its initial public offering of 10M shares of its Class A common stock at $21.00 per share, at the higher end of the estimated range of $19-$21.Underwriters' over-allotment is an additional 1.5M shares of Class A common stock.Shares are expected to begin trading today on the New York Stock Exchange and the offering is expected to close on May 28.The company has more than 16M monthly customers and has processed over 195M transactions.

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SaaS-based billing platform Paymentus prices IPO at $21, top of its estimated range
Stock Information
Company Name: Verifone Systems Inc.
Stock Symbol: PAY
Market: NYSE
Website: paymentus.com
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