DalsnaFinance › IPOs › Root Inc Class a › IPO
Root, Inc. completed its initial public offering on NASDAQ on October 28, 2020, pricing at $27.00 a share.
| Ticker | ROOT |
|---|---|
| Exchange | NASDAQ |
| Status | Completed |
| Listing date | October 28, 2020 |
| Offering price | $27.00 |
| Shares offered | 26,830,845 |
| Total raised | $724M |
Root, Inc. sold 26,830,845 shares at $27.00 each on NASDAQ. Multiplied out, that is $724.4 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $724 million total recorded for the deal.
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Source: SEC EDGAR filings for Root, Inc.. This page is general information, not investment advice.