Monday, May 14, 2018

Pluralsight Expected To IPO Thursday

Farmington, Utah-based Pluralsight, which provides online learning resources for technical skills, is expected to price its IPO on Thursday, putting the company on the public market on Friday morning. Pluralsight has applied to list on the Nasdaq Global Select Market as PS.Pluralsight's IPO is being underwritten by Morgan Stanley, J.P. Morgan, Barclays, BofA Merrill Lynch, First Analysis Securities Corp., Needham & Company, Raymond James, and Suntrust Robinson Humphrey. The company set its estimated IPO pricing range last week at between $10.00 and $12.00 per share; the company is now in what is called its "road show" with institutional investors, who are deciding how many shares they might purchase in Pluralsight's IPO, which determines final pricing on Thursday.