(Reuters) – Software start-up ServiceTitan on Monday exposed its documents for a going public in the united state
The Glendale, California- based business, which was valued at $9.5 billion after a Thoma Bravo- led financing round in 2021, did not disclose the variety of shares it intended to offer and the suggested rate variety for the offering.
After avoiding huge offers for almost 2 years, the united state IPO market has actually lately begun seeing an incipient recuperation as financier belief enhances and wagers of an impending economic downturn convenience.
ServiceTitan anticipates its shares will certainly trade on the Nasdaq under the ticker sign “TTAN”.
Goldman Sachs, Morgan Stanley, Wells Fargo and Citigroup are amongst the experts of the offering.
(Reporting by Prakhar Srivastava and Manya Saini in Bengaluru; Editing by Shilpi Majumdar)