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Direct Digital Holdings, Inc. IPO

Completed

Direct Digital Holdings, Inc. completed its initial public offering on NASDAQ on February 11, 2022, pricing at $5.50 a share.

TickerDRCT
ExchangeNASDAQ
StatusCompleted
Listing dateFebruary 11, 2022
Offering price$5.50
Shares offered2,800,000
Total raised$15M

The offering

Direct Digital Holdings, Inc. sold 2,800,000 shares at $5.50 each on NASDAQ. Multiplied out, that is $15.4 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $15 million total recorded for the deal.

Company coverage

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Source: SEC EDGAR filings for Direct Digital Holdings, Inc.. This page is general information, not investment advice.