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Week of Expected Pricing 7/28/2021
Company Name DUOLINGO INC
Proposed Ticker DUOL
CUSIP 26603R106
Business Description Our Mission is to develop the best education in the world and make it universally available. Although education can open the door to economic opportunity, it is also among the principal sources of inequality: the privileged can get the best education in the world, while those with fewer resources, especially in developing countries, may not be able to get even basic schooling. That is why we started Duolingo.
Lead Underwriter Allen & Company LLC, Goldman Sachs & Co. LLC
Co-Managers Barclays Capital Inc, BofA Securities, Inc, Evercore Group L.L.C, JMP Securities LLC, KeyBanc Capital Markets Inc, Piper Sandler & Co, Raymond James and Associates, Inc., William Blair & Company, L.L.C.
Initial Shares 51,06,113
Revised Initial Shares N/A
Initial Price $95.00-$100.00
Revised Price N/A
Final Price $102.00
Final Ticker DUOL

 

 

   
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