Olo,a PayPal-backed developer of a restaurant order management software, will float today in an offering priced well above its range.
US-based restaurant management software producer Olo is going public today in a $450m initial public offering that will represent an exit for digital payment processor PayPal.
The company priced 18 million shares at $25.00 each, above a $20 to $22 range already increased from the original $16 to $18 range it set last week. The IPO is taking place on the New York Stock Exchange and will consist of class A shares, opposed to the class B’s owned by…
