SEMrush sets IPO terms
March 17, 2021- Share:
SEMrush, the provider of a SaaS platform for content marketers, has established plans to offer 16.8 million shares for $14 to $16 apiece on the NYSE. At the midpoint of the price range, the Boston-based company would raise $252 million and have a fully diluted market value of $2.2 billion, Renaissance Capital reported. SEMrush has received prior financing from investors including Greycroft and Siguler Guff.
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