The Quebec City-based artificial intelligence firm, which filed to go public last week, plans to price shares between $13 and $15 each, according to a new filing. (The Logic)
The Quebec City-based artificial intelligence firm, which filed to go public last week, plans to price shares between $13 and $15 each, according to a new filing. (The Logic)
The Quebec City-based artificial intelligence firm, which filed to go public last week, plans to price shares between $13 and $15 each, according to a new filing. (The Logic)
Talking point: The company would raise nearly $250 million if underwriters fully exercise the over-allotment option. Coveo is expected to finalize pricing next week and close the offering the following week. Despite a mixed market for Canadian tech offerings, Coveo appears undeterred. Montreal’s Sharethrough announced last week it was postponing its go-public plans thanks to “adverse and challenging current market conditions, especially for technology companies.” Some firms downsized their offerings in recent weeks and most new entrants’ share prices have underperformed so far
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