The company raised $250.6 million in the deal, and its stock is expected to start trading Wednesday on the Nasdaq Global Select Market under the symbol FLYW.
Flywire Announces Pricing of Initial Public Offering
May 25, 2021 20:04 ET | Source: Flywire Corporation Flywire Corporation Boston, Massachusetts, UNITED STATES
BOSTON, May 25, 2021 (GLOBE NEWSWIRE) Flywire Corporation (“Flywire”), a global payments enablement and software company, today announced the pricing of its initial public offering of 10,440,000 shares of its common stock at a price to the public of $24.00 per share. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 1,566,000 shares of common stock, at the initial public offering price, less underwriting discounts and commissions.
The shares are expected to begin trading on the Nasdaq Global Select Market on May 26, 2021 under the ticker symbol “FLYW” and the offering is expected to close on May 28, 2021, subject to customary closing conditions.
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