GitLab IPO Pricing Announcement

Oct 14th, 2021Exit
  • GitLab Inc. announces initial public offering (IPO) pricing at $77.00 per share for 10,400,000 shares of Class A common stock.

  • The offering includes shares from both GitLab Inc. and shares sold by co-founder Sytse 'Sid' Sijbrandij.

  • The shares began trading on Nasdaq on October 14, 2021, under the ticker symbol 'GTLB'.

  • The IPO was expected to close by October 18, 2021, with the underwriters given a 30-day option to purchase additional shares.

  • Leading financial institutions acted as managers and co-managers for the IPO process.