Silvaco Group IPO Price Indicating $21/Share On 540,250 Shares; IPO Priced At $19/Share On 6M Shares
Portfolio Pulse from Benzinga Newsdesk
Silvaco Group's IPO was priced at $19 per share, with an indication of $21 per share for 540,250 shares out of the total 6 million shares offered.
May 09, 2024 | 3:15 pm
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POSITIVE IMPACT
Silvaco Group's IPO was priced at $19 per share, with a portion of the shares indicated at $21, showing strong investor interest.
The pricing of Silvaco Group's IPO at $19 per share, with a higher indication for a subset of shares, suggests strong market demand and investor confidence in SVCO. This could lead to a positive short-term price movement as the market responds to the IPO pricing and the special indication price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100