Klaviyo reportedly raises value vary of its upcoming IPO

Klaviyo Inc. is reportedly elevating the goal of its upcoming preliminary public providing to greater than $550 million.

Bloomberg News reported late Sunday that Klaviyo has determined to lift the goal vary for its shares to $27 to $29, up from its beforehand acknowledged vary of $25 to $27 a share. At the highest of that new vary, the IPO would elevate $557 million, with the corporate valued at about $8.7 billion, in line with Bloomberg.

Source web site: www.marketwatch.com

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