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Stock impact report

Kaltura Announces Pricing of Initial Public Offering

Kaltura, Inc. (KLTR) 
Company Research Source: GlobeNewswire
NEW YORK, July 21, 2021 (GLOBE NEWSWIRE) -- Kaltura, Inc. (“Kaltura”), the video experience cloud, today announced the pricing of its initial public offering of 15,000,000 shares of its common stock at a price to the public of $10.00 per share. All of the shares are being offered by Kaltura. The shares are expected to begin trading on The Nasdaq Global Select Market on July 21, 2021 under the symbol "KLTR" and the offering is expected to close on July 23, 2021, subject to customary closing conditions. In addition, Kaltura has granted the underwriters a 30-day option to purchase up to an additional 2,250,000 shares of common stock at the initial public offering price less underwriting discounts and commissions. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Kaltura, are expected to be approximately $150.0 million, excluding any exercise of the underwriters' option to purchase additional shares. Go Show less Read more
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