Csquare, Inc. is pricing its initial public offering (IPO) at $21.00 per share, according to Bloomberg and the company’s IPO announcement. Bloomberg reports the IPO is priced at $21, which it characterizes as below a marketed range, citing people familiar with the matter. PR Newswire states that Csquare prices the offering at $21.00 per share and that it issues 50,000,000 shares of common stock. The company also grants underwriters a 30-day option to purchase additional shares, according to PR Newswire, indicating there may be an over-allotment component to the deal.
Both sources describe the same per-share price and the core size of the offering as 50 million shares. Neither source in the provided excerpts specifies the company’s valuation, total proceeds, or the final underwriting terms beyond the over-allotment option. The reports therefore align on the headline pricing and share count, while Bloomberg adds context about the pricing being below the marketed range.
