Wednesday, September 26, 2018

SurveyMonkey Prices IPO, Starts Trading Today

San Mateo-based survey software developer SurveyMonkey priced its IPO last night at $12.00 per share, selling 15,000,000 shares of its common stock in the offering on the Nasdaq Global Select Market. SurveyMonkey starts trading this morning as SVMK. The company's IPO was underwritten by J.P. Morgan Securities LLC, Allen & Company LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, plus Credit Suisse Securities (USA) LLC, UBS Securities LLC and Wells Fargo Securities, along with SunTrust Robinson Humphrey, Inc., Code Advisors LLC, Foros, JMP Securities LLC and LionTree Advisors. SurveyMonkey's largest shareholder is Tiger Global.