SurveyMonkey Announces Closing of Initial Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares
Summary
SAN MATEO, Calif.--( BUSINESS WIRE )--SurveyMonkey, a leading global provider of survey software products, today announced that its parent company, SVMK Inc. (Nasdaq: SVMK ), closed its initial public offering of 17,250,000 shares of its common stock at a price of $12.00, which includes the full exercise of the underwriters’ option to purchase 2,250,000 additional shares of its common stock.The shares began trading on The Nasdaq Global Select Market under the ticker symbol "SVMK" on September 26, 2018.Founded in 1999, SurveyMonkey changed the way people gather feedback by making it easy for anyone to create their own online surveys.Today, SurveyMonkey’s mission is to power curious individuals and organizations to measure, benchmark and act on the opinions that drive success.Our People Powered Data platform enables conversations at scale to deliver impactful customer, employee and market insights.
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