Workiva, a business reporting company and one of the four tech companies going public this week, said today that it has set its share price at $14, right in the middle of its previously announced $13-15 range.
In doing so, Workiva raised almost $101 million before it begins trading on Friday morning on the New York Stock Exchange (NYSE) under the ticker symbol WK.
The Iowa company provides cloud-based software for creating and collaborating on various types of business reports. Workiva was previously known as WebFilings, but changed its name this past July in order to be more representative of its products which have grown to cover more than just business SEC filings.
Tomorrow, Hortonworks and New Relic are also set to go public, with Hortonworks raising $100 million and setting shares at $16. Lending Club went public today, debuting on the NYSE at $24.75 per share.
Workiva originally filed for its IPO on Oct. 17. The company started in 2008.
The audio problem: Learn how new cloud-based API solutions are solving imperfect, frustrating audio in video conferences. Access here