Benzinga | Jul 22, 2021 07:17AM EDT

Zenvia Raises $150M Via IPO At $13 Per Share

* Customer experience communications platform Zenvia Inc (NASDAQ:ZENV) priced 11.5 million shares at $13 per share in its initial public offering.

* The estimated gross proceeds are $150 million.

* The underwriters have the option to purchase additional shares up to 1.7 million.

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

* Additionally, Twilio Inc (NYSE:TWLO) has agreed to purchase 3.8 million additional shares in a private placement at $13 per share, amounting to $50 million.

* Price action: TWLO shares traded lower by 0.01% at $393.9 in the premarket session on the last check Thursday.