monday.com Ltd.

monday.com Ltd. (MNDY) priced its initial public offering on Jun 11, 2021 at $155.00 per share, above its $125.00–$140.00 range, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $6.75B. Goldman Sachs was lead-left underwriter, joined by J.P. Morgan, Allen & Company and Jefferies and others. Meitar and Latham & Watkins advised the company and Skadden, Arps advised the underwriters.

monday.com Ltd. offers a platform called Work OS, made of modular building blocks that organizations use to build software applications and work management tools. It integrates with other systems and links departments across an organization.

Status

IPO

Ticker

MNDY

Exchange

Nasdaq Global Select

Priced

Jun 11, 2021

IPO price

$155.00

Price range

$125.00–$140.00

Market cap at IPO price

$6.75B

First filed

May 17, 2021

Underwriters

Goldman Sachs, J.P. Morgan, Allen & Company, Jefferies, William Blair, Piper Sandler, Oppenheimer, Canaccord Genuity, TD Cowen, Needham, Academy Securities and Loop Capital

Company counsel

Meitar and Latham & Watkins

Underwriters' counsel

Skadden, Arps

Sector

Technology

Country / state

Israel

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