Weave Communications, Inc.

Weave Communications, Inc. (WEAV) priced its initial public offering on Nov 12, 2021 at $24.00 per share, below its $30.00–$30.30 range, raising $120M, and listed on NYSE. At the IPO price its market capitalization was about $1.51B. Goldman Sachs was lead-left underwriter, joined by BofA Securities, Citigroup and Piper Sandler and others.

Weave Communications, Inc. provides an all-in-one customer communications and engagement software platform for small and medium-sized businesses. It helps them attract, communicate with and engage customers while reducing time spent on manual tasks.

Status

IPO

Ticker

WEAV

Exchange

NYSE

Priced

Nov 12, 2021

IPO price

$24.00

Price range

$30.00–$30.30

Raised

$120M

Market cap at IPO price

$1.51B

First filed

Oct 18, 2021

Underwriters

Goldman Sachs, BofA Securities, Citigroup, Piper Sandler, Raymond James, Stifel, William Blair, Guggenheim, Academy Securities, Loop Capital and Tigress

Sector

Technology

Country / state

UT

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