Silvaco Group, Inc.

Silvaco Group, Inc. (SVCO) priced its initial public offering on May 10, 2024 at $19.00 per share, within its $17.00–$19.00 range, raising $114M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $542.1M. Jefferies was lead-left underwriter, joined by TD Cowen, Needham and Craig-Hallum and others. DLA Piper advised the company and Cooley advised the underwriters.

Silvaco Group, Inc. provides technology computer aided design software, electronic design automation software and semiconductor intellectual property. Its offerings, including intellectual property for systems-on-chip, help companies streamline integrated circuit design workflows.

Status

IPO

Ticker

SVCO

Exchange

Nasdaq Global Select

Priced

May 10, 2024

IPO price

$19.00

Price range

$17.00–$19.00

Raised

$114M

Market cap at IPO price

$542.1M

First filed

Apr 12, 2024

Underwriters

Jefferies, TD Cowen, Needham, Craig-Hallum and Rosenblatt

Company counsel

DLA Piper

Underwriters' counsel

Cooley

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.