IPO of Poshmark, Inc.

Poshmark Inc. has placed 6 600 000 shares of common stock in an IPO priced $42 per share, which is $3 above the upper limit of the previously announced range ($35-39). Besides, Poshmark has granted the underwriters a 30-day option to purchase up to 990 000 shares of common stock at the public offering price. 
The trading debut will take place on the Nasdaq Global Select Market on January 14, 2021 under the ticker symbol «POSH».