Nerdwallet, Inc.

Nerdwallet, Inc. (NRDS) priced its initial public offering on Nov 5, 2021 at $18.00 per share, within its $17.00–$19.00 range, raising $130.5M, and listed on Nasdaq. At the IPO price its market capitalization was about $1.17B. Cooley advised the company and Latham & Watkins advised the underwriters.

NerdWallet, Inc. operates a digital platform that helps consumers, including individuals and small and mid-sized businesses, make financial decisions by comparing and shopping for financial products online.

Status

IPO

Ticker

NRDS

Exchange

Nasdaq

Priced

Nov 5, 2021

IPO price

$18.00

Price range

$17.00–$19.00

Raised

$130.5M

Market cap at IPO price

$1.17B

First filed

Oct 8, 2021

Company counsel

Cooley

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.