The Telstra, Softbank and American Express-backed e-commerce software provider BigCommerce floated above an expanded range.
US-based e-commerce technology provider BigCommerce will go public today in a $216m initial public offering that will achieve exits for corporate investors Telstra, Softbank and American Express.
The offering will consists of 6.85 million shares issued by BigCommerce and nearly 2.2 million additional shares divested by co-founders and CEOs Mitchell Harper and Wadih Machaalani. The shares will be offered on the Nasdaq Global Market and priced at $24.00 each.
The company had initially set a $17 to $20 range…
