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Week of Expected Pricing 7/28/2021
Company Name POWERSCHOOL HOLDINGS INC
Proposed Ticker PWSC
CUSIP 73939C106
Business Description The K-12 education ecosystem of schools, districts and education departments to enable parents, educators and administrators to deliver the best education to children, allowing them to realize their potential. At PowerSchool, we believe in the simple truth that every student deserves the best opportunities in life. Unfortunately, because adoption of technology in education has lagged behind other sectors, K-12 schools and school districts, and ultimately their students and families, have yet to experience all the benefits from digital transformation. That’s why we seek to power the education ecosystem with unified technology that helps educators and students realize their potential, in their way. A digital transformation in education is currently under way, unleashing tremendous potential, surfacing insights and driving efficiencies, and we believe all administrators, educators and students are entitled to benefit from this advancement.
Lead Underwriter Barclays Capital Inc, Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. LLC, UBS Investment Bank
Co-Managers BofA Securities, Inc, Jefferies LLC, Macquarie Capital (USA) Inc, Piper Sandler & Co, Raymond James and Associates, Inc., RBC Capital Markets, LLC, Robert W. Baird & Co. Incorporated, William Blair & Company, L.L.C.
Initial Shares 3,94,73,685
Revised Initial Shares N/A
Initial Price $18.00-$18.00
Revised Price N/A
Final Price $18.00
Final Ticker PWSC

 

 

   
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