DoubleVerify (DV) IPO Opens 30% Higher
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.2%
Revenue Growth %: +7.0%
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Today's IPO for DoubleVerify Holdings Inc. (NYSE: DV) opened for trading at $35 after pricing 13,333,335 shares of common stock at a price to the public of $27.00 per share.
Goldman Sachs & Co. LLC and J.P. Morgan are acting as joint lead bookrunning managers for the offering. Barclays, RBC Capital Markets and Truist Securities are acting as joint bookrunning managers for the offering. William Blair, KeyBanc Capital Markets, Canaccord Genuity, JMP Securities, Needham & Company, Capital One Securities and Loop Capital Markets are acting as co-managers for the offering.
DoubleVerify is a leading software platform for digital media measurement and analytics. Our mission is to make the digital advertising ecosystem stronger, safer and more secure, thereby preserving the fair value exchange between buyers and sellers of digital media. Hundreds of Fortune 500 advertisers employ our unbiased data and analytics to drive campaign quality and effectiveness, and to maximize return on their digital advertising investments. DoubleVerify is majority owned by Providence Equity Partners, a premier global private equity firm with approximately $45 billion in aggregate capital commitments.
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