Semrush Announces Pricing of Initial Public Offering
Semrush Holdings, Inc. (Semrush), a leading online visibility management SaaS platform, today announced the pricing of its initial public offering of 10,000,000 shares of Class A common stock at an initial public offering price of $14.00 per share.
- Semrush Holdings, Inc. (Semrush), a leading online visibility management SaaS platform, today announced the pricing of its initial public offering of 10,000,000 shares of Class A common stock at an initial public offering price of $14.00 per share.
- In addition, Semrush has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 Class A shares at the initial public offering price less the underwriting discount.
- KeyBanc Capital Markets Inc. is also acting as a joint bookrunning manager for the proposed offering.
- Semrush, with over 67,000 paying customers, is headquartered in Boston and has offices in Pennsylvania, Texas, Czech Republic, Cyprus, Poland and Russia.