Pagaya Technologies prices public offering of 7.5M Class A shares at $12.70, raising $95M.
Pagaya Technologies Ltd. (PGY), a financial technology company, has priced a public offering of 7.5 million Class A ordinary shares at $12.70, raising $95 million. The company plans to use the funds for general corporate purposes and future growth, including working capital expenses and investments. Citigroup and Jefferies are active joint book-running managers of the offering, which is expected to close on March 18, 2024.
March 14, 2024
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