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Riskified begins trading on NYSE today at $3.3b valuation


Riskified begins trading on NYSE today at $3.3b valuation
The Israeli e-commerce fraud protection company is raising $363 million and an additional $55.1 million, if the underwriters exercise their options.
Israeli e-commerce fraud protection platform company Riskified begins trading today on the New York Stock Exchange, at a company valuation of $3.3 billion. Riskified becomes the 10th Israeli tech company (not including SPAC mergers) to hold an IPO on Wall Street in 2021.
Yesterday, the company priced 17.3 million shares at $21 per share, above the previously announced range of $18-$20. Riskified is raising $363 million, which could grow by an additional $55.1 million, if the underwriters exercise their options within 30 days at the IPO price. ....

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Riskified Ltd. announces launch of initial public offering


Riskified Ltd. announces launch of initial public offering
17th July 2021
12 hours ago
ANTARA/Business Wire
New York (Antara/Business Wire)- Riskified Ltd. (“Riskified”), a fraud management platform enabling frictionless eCommerce, today announced the launch of its initial public offering of 17,500,000 Class A ordinary shares. The offering consists of 17,300,000 Class A ordinary shares offered by Riskified and 200,000 Class A ordinary shares to be sold by one of Riskified’s existing shareholders. Riskified will not receive any proceeds from the sale of the shares by the selling shareholder. The underwriters will have a 30-day option to buy an additional 2,625,000 Class A ordinary shares from Riskified at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is currently expected to be between $18.00 and $20.00 per share. Riskified intends to list its Class A ordinary shares on the New York Stock Exc ....

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