(Reuters) – Software start-up ServiceTitan on Monday uncovered its paperwork for a going public within the united state
The Glendale, California- based mostly enterprise, which was valued at $9.5 billion after a Thoma Bravo- led financing spherical in 2021, didn’t disclose the number of shares it meant to supply and the urged charge selection for the providing.
After avoiding big provides for nearly 2 years, the united state Stock Launch market has really these days begun seeing an incipient recuperation as financier perception enhances and wagers of an impending financial downturn comfort.
ServiceTitan anticipates its shares will definitely commerce on the Nasdaq below the ticker signal “TTAN”.
Goldman Sachs, Morgan Stanley, Wells Fargo and Citigroup are amongst the specialists of the providing.
(Reporting by Prakhar Srivastava and Manya Saini in Bengaluru; Editing by Shilpi Majumdar)