Benzinga | Jul 21, 2021 06:37AM EDT

VTEX Raised $264M Via IPO At $19 Per Share, Trading Begins Today

* Software-as-a-service digital commerce platform provider VTEX (NYSE:VTEX) priced 19 million shares at $19 per share in its initial public offering.

* The offering includes 13.9 million shares offered by VTEX and 5.1 million shares from selling shareholders.

* The estimated offering proceeds are $263.66 million.

* The underwriters have the option to purchase additional shares up to 2.85 million.

* The shares are likely to begin trading on the NYSE today under the ticker symbol "VTEX."