Instructure Holdings, Inc.

Instructure Holdings, Inc. (INST) priced its initial public offering on Jul 23, 2021 at $20.00 per share, within its $19.00–$21.00 range, raising $250M, and listed on NYSE. At the IPO price its market capitalization was about $2.77B. Kirkland & Ellis advised the company and Cooley advised the underwriters.

Instructure Holdings, Inc. provides a cloud learning platform for education, applying software to the full learning lifecycle from a teacher's lesson through a student's mastery. Its platform serves the needs of leaders, teachers and learners.

Status

IPO

Ticker

INST

Exchange

NYSE

Priced

Jul 23, 2021

IPO price

$20.00

Price range

$19.00–$21.00

Raised

$250M

Market cap at IPO price

$2.77B

First filed

Jun 28, 2021

Company counsel

Kirkland & Ellis

Underwriters' counsel

Cooley

Sector

Technology

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.