Thursday, October 23, 2025

Latest

Edtech Firm Instructure Eyes US$250 Million IPO

Education technology company Instructure Holdings began trading on the New York Stock Exchange today under the symbol “INST”. The firm’s initial public offering is looking to raise US$250.0 million and is expected to close on July 26, 2021.

The offering consists of 12,500,000 common shares at US$20.00 per share. The company also granted the underwriters a 30-day over-allotment option to purchase additional 1,875,000 common shares at the same IPO price.

Morgan Stanley & Co., J.P. Morgan Securities, Citigroup Global Markets, Jefferies, and Macquarie Capital (USA) are all acting as joint bookrunners for the said offering.

Instructure was publicly listed before on the New York-based exchange before private equity firm Thoma Bravo took it private in a US$2.0 billion acquisition deal in December 2019. The Utah-based company is known for developing the learning management system Canvas.


Information for this briefing was found via Sedar and Instructure. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

One Response

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Steadright Enters MOU To Acquire Historic Goundafa Polymetallic Mine In Morocco

Military Seizes Power in Madagascar After President Flees

Related News

Investment Banks-Sponsored SPAC Roth CH Acquisition V Seeks To Raise US$100 Million In IPO

Special purpose acquisition company Roth CH Acquisition V Co. (Nasdaq: ROCLU) went public on the...

Wednesday, December 1, 2021, 05:01:00 PM

SPAC Portage Fintech Acquisition Upsizes IPO To US$240 Million

Special purpose acquisition company Portage Fintech Acquisition Corporation (Nasdaq: PFTAU) announced Tuesday that it is...

Wednesday, July 21, 2021, 12:03:00 PM

Healthcare SPAC Healthwell Acquisition Aims To Raise US$250 Million In IPO

Special purpose acquisition company Healthwell Acquisition Corp. I (NASDAQ: HWELU) went public on the Nasdaq...

Wednesday, August 4, 2021, 11:57:00 AM

Venture Capital-Backed SPAC Banner Acquisition Eyes US$150 Million IPO

Special purpose acquisition company Banner Acquisition Corp. (Nasdaq: BNNRU) started trading publicly yesterday on the...

Thursday, September 9, 2021, 12:44:00 PM

Farmers Edge Completes $125.0 Million IPO On TSX

Farmers Edge inc (TSX: FDGE) is the latest firm to complete an initial public offering,...

Wednesday, March 3, 2021, 09:08:05 AM