Cricut, Inc.

Cricut, Inc. (CRCT) priced its initial public offering on Mar 25, 2021 at $20.00 per share, raising $306.3M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $4.43B. Goldman Sachs was lead-left underwriter, joined by Morgan Stanley, Citigroup and Barclays and others.

Cricut, Inc. sells connected machines and generates additional sales from subscriptions and from accessories and materials for its machine users, through channels including Amazon and cricut.com. Intretech is its main contract manufacturer.

Status

IPO

Ticker

CRCT

Exchange

Nasdaq Global Select

Priced

Mar 25, 2021

IPO price

$20.00

Raised

$306.3M

Market cap at IPO price

$4.43B

First filed

Feb 16, 2021

Underwriters

Goldman Sachs, Morgan Stanley, Citigroup, Barclays and Baird

Sector

Industrials & materials

Country / state

UT

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