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.
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