Image Source: AsiaOne
Duck Creek Technologies Launches Initial Public Offering GlobeNewswire August 07, 2020 Boston, Aug. 07, 2020 (GLOBE NEWSWIRE) -- Boston, August. 7, 2020 (GLOBE NEWSWIRE) -- Duck Creek Technologies, Inc. (“Duck Creek”), a provider of SaaS-delivered enterprise software to the property and casualty (“P&C”) insurance industry, announced today that it has launched its initial public offering of 15,000,000 shares of its common stock. The initial public offering price is expected to be between $19.00 and $21.00 per share, before underwriting discounts and commissions. In addition, Duck Creek expects to grant the underwriters a 30-day option to purchase up to an additional 2,250,000 shares of common stock at the initial public offering price, less underwriting discounts and commissions. Duck Creek has applied to list its common stock on the Nasdaq Global Select Market under the symbol "DCT."
Source: AsiaOne