Workplace collaboration firm monday.com eyes $6 billion valuation in Nasdaq IPO
The monday.com team, June 2020 (Shlomi Yossef) Israel’s monday.com, a developer of a workplace collaboration and management platform, said Tuesday it is starting a roadshow for an initial public offering of shares on the Nasdaq in the US at a valuation of more than $6 billion. The company said in a statement it plans to sell 3.7 million ordinary shares at a price in the range of $125 to $140 a share, raising up to some $518 million. In addition, monday.com expects to grant the underwriters a 30-day option to purchase up to an additional 370,000 ordinary shares at the initial public offering...