SendGrid priced its IPO at $16, above its range of $13.50-15.50, and tendered 8.2 million shares (versus its original plan of 7.7 million). The company raised $131.2 million in its expanded offering.
SendGrid´s IPO has been a success as the underlying business looks promising. Steady and impressive topline sales growth is combined with operating leverage, as the company is breaking-even already. I ...
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