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July 22, 2021, 6:22 a.m. EDT

Zenvia IPO prices at $13 a share, low end of proposed range

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By Ciara Linnane

Zenvia Inc. /zigman2/quotes/226582177/composite ZENV -5.02% , a Brazilian customer experience communications platform, said its initial public offering priced at $13 a share, the low end of a $13 to $15 price range. The company offered 11.5 million shares to raise $149.5 million. Concurrent with the offering, Twilio Inc. /zigman2/quotes/205796518/composite TWLO +2.24% has agreed to buy 3..8 million Class A shares to be issued by Zenvia in a private placement. Goldman Sachs and Morgan Stanley led a syndicate of six banks underwriting the deal.

/zigman2/quotes/226582177/composite
US : U.S.: Nasdaq
$ 8.51
-0.45 -5.02%
Volume: 113,573
Nov. 26, 2021 1:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$132.62 million
Rev. per Employee
$177,245
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/zigman2/quotes/205796518/composite
US : U.S.: NYSE
$ 290.25
+6.36 +2.24%
Volume: 1.81M
Nov. 26, 2021 1:10p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$51.77 billion
Rev. per Employee
$841,747
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