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MongoDB, Inc. Goes Public

MongoDB has started trading publicly on NASDAQ.

Staff Analyst Oct 19, 2017

New York City. Oct 18, 2017.

MongoDB is the leading modern, general purpose database platform, designed to unleash the power of software and data for developers and the applications they build.

Today, MongoDB, Inc., the owner of MongoDB announced the pricing of its initial public offering of 8,000,000 shares of its Class A common stock at a price to the public of $24.00 per share. The shares are expected to begin trading on the NASDAQ Global Market under the symbol “MDB” on October 19, 2017, and the offering is expected to close on October 23, 2017, subject to customary closing conditions. In addition, MongoDB has granted the underwriters a 30-day option to purchase up to 1,200,000 additional shares of Class A common stock at the initial public offering price less underwriting discounts and commissions.

Staff Analyst
Staff Analyst

Official DbTalks staff analysts account brings you latest analysis and reports on data industry including database systems, big data, machine learning, and everything else data.