Remitly: Announces Pricing of Initial Public Offering
- Remitly Global the mobile-first provider of remittances and financial services for immigrants
- Announced the pricing of its initial public offering of 12,162,777 shares of its common stock to the public
- The shares are expected to begin trading on the Nasdaq Global Select Market on September 23, 2021
- The offering is expected to close on September 27, 2021, subject to the satisfaction of customary closing conditions
- Goldman Sachs & Co. LLC and J.P. Morgan are acting as the lead book-running managers for the proposed offering
- The closing of the initial public offering is not conditioned upon the closing of the concurrent private placement
