The Telstra and Telkom-backed enterprise messaging software provider priced its shares at the foot of the IPO's range but is in line to raise $32.5m when it floats next month.
Whispir, the Australia-based messaging software provider backed by telecommunications firms Telkom and Telstra, will raise A$47m ($32.5m) in its initial public offering, Australian Financial Review has reported.
The company priced its shares at A$16 each, at the bottom end of the offering’s A$16 to A$21 range, and is set to float on June 2019 with a market capitalisation of about $113m. Wilsons and Ord Minnett are the underwriters for the offering.
Founded in 2002, Whispir has created a software platform…
