Klaviyo raises IPO price range to $27 to $29 a share

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Klaviyo raises IPO price range to $27 to $29 a share
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Klaviyo Inc. the Boston-based digital marketing software-as-a-service platform, raised the proposed price range for its initial public offering on Monday to...

Klaviyo Inc.

the Boston-based digital marketing software-as-a-service platform, raised the proposed price range for its initial public offering on Monday to $27 to $29 a share from $25 to $27 previously. The news was reported late Sunday by Bloomberg. The company is scheduled to go public Tuesday on the New York Stock Exchange under the ticker symbol “KVYO.” Goldman Sachs, Morgan Stanley and Citigroup are the lead underwriters. Klaviyo is planning to offer 19.2 million shares to raise $556.

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