Viant Technology Inc.

Viant Technology Inc. (DSP) priced its initial public offering on Feb 11, 2021 at $25.00 per share, above its $22.00–$24.00 range, raising $250M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $1.47B. BofA Securities was lead-left underwriter, joined by UBS, Canaccord Genuity and Citizens JMP and others. Gibson Dunn advised the company and Freshfields advised the underwriters.

Viant Technology Inc. is an advertising software company whose enterprise demand side platform, Adelphic, lets marketers and agencies plan, buy and measure programmatic advertising. Customers can buy ads on desktop, mobile, connected TV, linear TV, streaming audio and digital billboards.

Status

IPO

Ticker

DSP

Exchange

Nasdaq Global Select

Priced

Feb 11, 2021

IPO price

$25.00

Price range

$22.00–$24.00

Raised

$250M

Market cap at IPO price

$1.47B

First filed

Jan 15, 2021

Underwriters

BofA Securities, UBS, Canaccord Genuity, Citizens JMP, Needham and Raymond James

Company counsel

Gibson Dunn

Underwriters' counsel

Freshfields

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.