HashiCorp, Inc.

HashiCorp, Inc. (HCP) priced its initial public offering on Dec 9, 2021 at $80.00 per share, above its $68.00–$72.00 range, raising $1.22B, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $14.31B. Wilson Sonsini advised the company and Latham & Watkins advised the underwriters.

HashiCorp, Inc. provides infrastructure software that supports a cloud operating model for public and private clouds. Its workflows automate infrastructure provisioning, security, networking and application deployment for companies of all sizes.

Status

IPO

Ticker

HCP

Exchange

Nasdaq Global Select

Priced

Dec 9, 2021

IPO price

$80.00

Price range

$68.00–$72.00

Raised

$1.22B

Market cap at IPO price

$14.31B

First filed

Nov 4, 2021

Company counsel

Wilson Sonsini

Underwriters' counsel

Latham & Watkins

Sector

Technology

Country / state

CA

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