Reuters: PluralSight prices IPO above range at $15/share

PluralSight (PS) has priced its initial public offering at $15, above an already raised range, with an oversubscription factor of more than 20, Reuters reports.

The company yesterday boosted its range to $12-$14/share from a previously marketed $10-$12/share.

That means it raises $310.5M, much of which will go to pay down debt.

After the offering, co-founder and CEO Aaron Skonnard will hold about 54.4% of voting power at the company.

It"s expected to start trading on Nasdaq Global Select Market tomorrow.

Competition: Coursera, Lynda.com, and Khan Academy.

Nguồn: seekingalpha.com