The underwriters for the initial public offering have bought another $27m in shares in the Alphabet and Salesforce-backed online survey platform developer.
SurveyMonkey, a US-based online survey management platform backed by corporates Alphabet and Salesforce, closed its initial public offering at $207m on Friday after the underwriters took up the greenshoe option.
The company priced 15 million shares at $12.00 each last week to raise an initial $180m when it floated on the Nasdaq Global Select Market. The underwriters bought another 1.75 million shares on Friday and the company’s shares closed at $16.03 the same day.
SurveyMonkey has created a software…
