Global-E completes Nasdaq IPO at $3.55b valuation
Global-E completes Nasdaq IPO at $3.55b valuation The Israeli e-commerce company raised $375 million and the share price rose 2% on its first day of trading. Israeli international e-commerce platform Global-E has raised $375 million in its initial public offering (IPO) on Nasdaq, at a company valuation of $3.55 billion. The amount could grow by a further $56.3 million, if the underwriters exercise their options to buy more shares at the IPO price of $25, in the next 30 days. On its first day of trading on Wall Street, Global-E's share price rose 2% to $25.50, giving a market cap of $3.6 billi...
Source: globes.co.il