Toast, Inc. has placed 21 739 131 shares of common stock in an IPO priced $40 per share, that is $4 higher than the upper limit of the previously announced range ($34-36). Besides, Toast has granted the underwriters a 30-day option to purchase up to 3 260 869 shares at the public offering price.
The trading debut will take place on the New York Stock Exchange on September 22, 2021 under the ticker symbol “TOST”.