附近上门

Public Markets

Dropbox Prices IPO Above Expectations At $21

, the file storage and sharing application popular with consumers, raised the price of its shares to $21.00, according to a source cited .

Follow 附近上门 News on &

Dropbox is set to make its public market debut tomorrow, Friday. The offering is 25-times oversubscribed, according to聽CNBC‘s source.

Over the past couple of days, Dropbox has raised the target price of its shares fairly significantly. Just a couple of days ago, Dropbox 聽saying that its shares will sell for between $18 and $20, which was itself up from the $16 to $18 range set forth in the original filing.

If Dropbox shares hit public markets at $21, as聽CNBC‘s source suggests, the company will be valued at around $8.2 billion, which is still down from its last private market valuation of 聽according to 附近上门 data.

Still though, at this new price, Dropbox raised $750 million from investors.

滨濒濒耻蝉迟谤补迟颈辞苍:听

Stay up to date with recent funding rounds, acquisitions, and more with the 附近上门 Daily.

67.1K Followers

CTA

Discover and act on private market opportunities with predictive company intelligence.

Copy link