Business
Csquare raises total IPO net proceeds to $1.16B after $149.6M overallotment
Csquare raises total IPO net proceeds to $1.16B after $149.6M overallotment
About this update from Csquare, Inc.
Csquare received notice that underwriters exercised a 7,499,000-share overallotment, adding roughly $149.6 million in net proceeds.Key Highlights:Underwriters exercised option to buy 7,499,000 additional shares at $21.00 per share.Exercise closed July 29, 2026, generating approximately $149.6 million of additional net proceeds.Total net proceeds from the IPO rose to about $1,159.6 million after underwriting discounts and estimated expenses.Original SEC Filing: This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.