Tuesday, July 14, 2020 12:34:17 PM
12:04 pm ET July 14, 2020 (MarketWatch)
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Shares of nCino Inc. , a maker of cloud-based software provider for financial institutions, soared 154% in their trading debut Tuesday, after the company priced its initial public offering above an already increased price range. The IPO priced at $31 late Monday. The company's original price range was $22 to $24, and that was raised to $28 to $29 in a recent regulatory filing. The company sold 8.06 million shares to raise $249.86 million. The company upsized the deal from an original plan to offer 7.6 million shares. nCino shares trading on Nasdaq later Tuesday, under the ticker 'NCNO.' There were seven banks underwriting the deal, led by BofA and Barclays. Proceeds will be used for general corporate purposes and working capital. "We empower banks and credit unions with the technology they need to meet ever-changing client expectations and regulatory requirements, gain increased visibility into their operations and performance, replace legacy systems, and operate digitally and more competitively," the company says in its prospectus.
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Recent NCNO News
- GameStop Shares Tumble 20% in Pre-Market Trading Amid Revenue Decline, Direct Digital Plummets 42%, and More News • IH Market News • 03/27/2024 10:54:47 AM
- nCino Reports Fourth Quarter and Fiscal Year 2024 Financial Results • GlobeNewswire Inc. • 03/26/2024 08:05:00 PM
- U.S. Index Futures on the Rise, Oil Prices Show Stability • IH Market News • 03/26/2024 11:21:42 AM
- nCino’s Single Platform Selected by Desjardins to Automate Loan Origination Process Through Machine Learning • GlobeNewswire Inc. • 03/21/2024 11:30:00 AM
- FirstBank Puerto Rico Selects nCino to Transform Commercial Lending Services • GlobeNewswire Inc. • 03/20/2024 11:30:00 AM
- nCino to Acquire DocFox • GlobeNewswire Inc. • 03/18/2024 11:30:00 AM
- The Saikyo Bank Partners with nCino to Enhance Operational Efficiency and Customer-Centric Services • GlobeNewswire Inc. • 02/28/2024 11:00:00 PM
- nCino to Participate in Upcoming Investor Event • GlobeNewswire Inc. • 02/20/2024 12:30:00 PM
- nCino Announces Timing of its Fourth Quarter and Fiscal Year 2024 Financial Results Conference Call • GlobeNewswire Inc. • 02/13/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/08/2024 09:07:15 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/06/2024 09:39:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/06/2024 09:06:40 PM
- Mechanics & Farmers Bank Using nCino’s Cloud Banking Platform to Effectively Deliver on its Mission to Empower Diverse Communities • GlobeNewswire Inc. • 02/06/2024 12:30:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/05/2024 09:26:49 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/02/2024 08:29:21 PM
- The Bank of Bennington Expands Partnership with nCino to Include Consumer Lending • GlobeNewswire Inc. • 01/25/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/18/2024 09:04:01 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/16/2024 05:39:47 PM
- Conexus Credit Union Selects nCino for a Frictionless Member Experience • GlobeNewswire Inc. • 01/16/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/11/2024 09:02:10 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/09/2024 09:16:13 PM
- nCino to Participate in Upcoming Investor Conference • GlobeNewswire Inc. • 01/04/2024 12:30:00 PM
- Camden National Bank Adopts Advanced Mortgage Origination and Closing Solutions by nCino • GlobeNewswire Inc. • 01/03/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/21/2023 12:32:07 PM
- nCino and Salesforce Expand Strategic Partnership to Further Modernize the Financial Services Industry • GlobeNewswire Inc. • 12/21/2023 12:30:00 PM
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