Shift4 Payments, Inc.

Shift4 Payments, Inc. (FOUR) priced its initial public offering on Jun 8, 2020 at $23.00 per share, raising $345M, and listed on NYSE. At the IPO price its market capitalization was about $1.39B. Citigroup was lead-left underwriter, joined by Credit Suisse, Goldman Sachs and BofA Securities and others. Latham & Watkins advised the company and Simpson Thacher advised the underwriters.

Shift4 Payments, Inc. is an independent provider of integrated payment processing and technology solutions in the United States. It serves software partners with a single integration to an end-to-end payments offering, a proprietary gateway and technology tools, as well as merchants.

Status

IPO

Ticker

FOUR

Exchange

NYSE

Priced

Jun 8, 2020

IPO price

$23.00

Raised

$345M

Market cap at IPO price

$1.39B

First filed

May 15, 2020

Underwriters

Citigroup, Credit Suisse, Goldman Sachs, BofA Securities, Morgan Stanley, RBC Capital Markets, Evercore ISI, Raymond James, Wolfe Research, Scotiabank and Telsey

Company counsel

Latham & Watkins

Underwriters' counsel

Simpson Thacher

Sector

Business services

Country / state

PA

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