Confluent sets IPO terms, to raise up to $759 million

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Confluent Inc. undefined has set terms of its initial public offering, which could value the California-based data infrastructure software company at up to...

Confluent Inc.

has set terms of its initial public offering, which could value the California-based data infrastructure software company at up to $8.33 billion. The company is looking to raise up to $759 million in the IPO, as it is offering 23.0 million Class A shares and the IPO is expected to price between $29 and $33 a share. The stock is expected to list on the Nasdaq under the ticker symbol"CFLT." The company expects a total of 252.

 

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