DalsnaFinance › IPOs › Velocity Financial Inc › IPO
Velocity Financial, Inc. completed its initial public offering on NYSE on January 17, 2020, pricing at $13.00 a share.
| Ticker | VEL |
|---|---|
| Exchange | NYSE |
| Status | Completed |
| Listing date | January 17, 2020 |
| Offering price | $13.00 |
| Shares offered | 7,250,000 |
| Total raised | $94M |
Velocity Financial, Inc. sold 7,250,000 shares at $13.00 each on NYSE. Multiplied out, that is $94.3 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $94 million total recorded for the deal.
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Source: SEC EDGAR filings for Velocity Financial, Inc.. This page is general information, not investment advice.