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Driven Brands Holdings Inc. IPO

Completed

Driven Brands Holdings Inc. completed its initial public offering on NASDAQ on January 15, 2021, pricing at $22.00 a share.

TickerDRVN
ExchangeNASDAQ
StatusCompleted
Listing dateJanuary 15, 2021
Offering price$22.00
Shares offered31,818,182
Total raised$700M

The offering

Driven Brands Holdings Inc. sold 31,818,182 shares at $22.00 each on NASDAQ. Multiplied out, that is $700 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $700 million total recorded for the deal.

Company coverage

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