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Week of Expected Pricing 10/14/2021
Company Name AVIDXCHANGE HOLDINGS INC
Proposed Ticker AVDX
CUSIP 05368X102
Business Description A leading provider of accounts payable, or AP, automation software and payment solutions for middle market businesses and their suppliers. Our software-as-a service, or SaaS, -based, end-to-end software and payment platform digitizes and automates the AP workflows for more than 7,000 businesses (our buyers) and we have made payments to more than 700,000 supplier customers of our buyers (suppliers) over the past five years.
Lead Underwriter Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC
Co-Managers Barclays Capital Inc, BofA Securities, Inc, Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Fifth Third Securities, Inc, KeyBanc Capital Markets Inc, Nomura Securities International, Inc., Piper Sandler & Co
Initial Shares 2,20,00,000
Revised Initial Shares N/A
Initial Price $21.00-$23.00
Revised Price $23.00-$25.00
Final Price $25.00
Final Ticker AVDX

 

 

   
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