Telos Corporation has placed 14 968 859 shares of common stock in an IPO priced $17 per share, which is a midpoint of the previously announced range ($16-18). Besides, the company has granted the underwriters a 30-day option to purchase up to 2 245 328 shares of common stock at the public offering price.
The trading debut will take place on the Nasdaq Global Select Market on November 19, 2020 under the ticker symbol “TLS”.