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DoubleVerify stock set to debut on the NYSE after IPO prices at the top of the expected range

Tomi Kilgore
·1 min read
DoubleVerify stock set to debut on the NYSE after IPO prices at the top of the expected range
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DoubleVerify Holdings Inc. is set to go public Wednesday, as the New York-based digital media measurement software company's initial public offering of 13.33 million shares priced at $27 a share, at the top of the expected range. The company sold about 8.63 million shares in the IPO to raise $232.9 million, while selling shareholders sold about 4.71 million shares to raise $127.1 million. The IPO pricing valued the company at about $4.20 billion. The stock is expected to start trading later Wednesday on the NYSE under the ticker symbol "DV." The stock is going public on a day that both the Renaissance IPO ETF and the S&P 500 edged up 0.2%. An early indication on the NYSE is that the stock will open at $31 to $33 a share, or 14.8% to 22.2% above the IPO price.