Bowman Consulting Group Ltd.

Bowman Consulting Group Ltd. (BWMN) priced its initial public offering on May 10, 2021 at $14.00 per share, within its $12.00–$14.00 range, raising $51.7M, and listed on Nasdaq Global Market. At the IPO price its market capitalization was about $132.5M. B. Riley was lead-left underwriter. Nelson Mullins and Akerman advised the underwriters.

Bowman Consulting Group Ltd. is a professional services firm providing engineering and technical services to owners and developers of the built environment. Its services include planning, engineering, construction management, environmental consulting, geomatics and surveying, delivered from thirty-two offices across the United States.

Status

IPO

Ticker

BWMN

Exchange

Nasdaq Global Market

Priced

May 10, 2021

IPO price

$14.00

Price range

$12.00–$14.00

Raised

$51.7M

Market cap at IPO price

$132.5M

First filed

Apr 6, 2021

Underwriters

B. Riley

Underwriters' counsel

Nelson Mullins and Akerman

Sector

Business services

Country / state

VA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.