Viant previously said it planned to sell 7.5 million shares with a price range of $19 to $21. The company expects to raise about $200 million and start trading on the Nasdaq with the ticker DSP.
The approximate date of the IPO start will be “as soon as practicable” after the updated registration with the Securities and Exchange Commission becomes effective.
“At the midpoint of the revised range, Viant Technology will raise 30% more in proceeds than previously anticipated, commanding a market value of $1.5 billion,” Renaissance Capital said today.
Viant’s technology lets clients target potential consumers more effectively.
For further details on the Viant IPO, please see the print edition of Feb. 15.
Viant Boosts Size of IPO
Want more from the best local business newspaper in the country?
Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!
Would you like to subscribe to Orange County Business Journal?
One-Year for Only $99
- Unlimited access to OCBJ.com
- Daily OCBJ Updates delivered via email each weekday morning
- Journal issues in both print and digital format
- The annual Book of Lists: industry of Orange County's leading companies
- Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!
