Ticker LaunchIPO · CTK
Karooooo Ltd.
Formerly Karooooo Pte. Ltd.
Karooooo Ltd. (CTK) priced its initial public offering on Apr 5, 2021 at $28.00 per share, raising $29.4M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $865.9M. Allen & Gledhill, ENSafrica and Davis Polk advised the company and Fried Frank advised the underwriters.
Karooooo Ltd., through its Cartrack business, is a provider of cloud-based mobility data analytics for connected vehicles and other assets. Its software-as-a-service platform gives customers analytics to improve efficiency, safety, regulatory compliance and environmental monitoring, and to manage workforces.
- Status
- IPO
- Ticker
- CTK
- Exchange
- Nasdaq Capital Market
- Priced
- Apr 5, 2021
- IPO price
- $28.00
- Raised
- $29.4M
- Market cap at IPO price
- $865.9M
- First filed
- Feb 26, 2021
- Company counsel
- Allen & Gledhill, ENSafrica and Davis Polk
- Underwriters' counsel
- Fried Frank
- Sector
- Technology
Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.
More on this listing for subscribers
- Lock-up period and expiry date
- Shares offered, over-allotment and shares outstanding after the offering
- Analyst notes on the filing
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Filings
- Registration statement (F-1) first filed Feb 26, 2021
- Latest amendment Mar 24, 2021
- Final prospectus (424B4) Apr 5, 2021
- All filings on EDGAR CIK 1828102
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