Deals
Software Maker Confluent Raises $828 Million in Above-Range IPO
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Data infrastructure software maker Confluent Inc. raised $828 million in its U.S. initial public offering, pricing its shares above a marketed range.
The Mountain View, California-based company sold 23 million shares for $36 each on Wednesday after marketing them for $29 to $33, according to a statement. The company is valued in the listing at about $9 billion based on the outstanding shares listed in its filings with the U.S. Securities and Exchange Commission.