IPO Personal Finance Site Led by Cooley – NerdWallet Files
By Tom Zanke (October 8, 2021, 6:59pm EST) – The personal finance site powered by NerdWallet Inc. On Friday, an initial public offering (IPO) initially estimated to raise $100 million, represented by Cooley LLP and insurance advisor Latham & Watkins LLP, is joining a crowded pipeline in the fall for initial public offerings.
San Francisco-based NerdWallet hasn’t indicated how many shares it plans to sell or at what price range, numbers that are usually released as the IPO progresses. The company can raise more than $100 million, an alternative number used to calculate fees. NerdWallet could go public by early November, based on a typical IPO schedule.
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