Job search and recruiting company ZipRecruiter is expected to debut Wednesday on the NYSE via a direct listing of shares.
While a reference price has not yet been released, management in mid-April estimated the fair value to be $25.04 per share. If the company listed its shares at that price it would have a fully diluted market value of about $3.3 billion based on the 86.6 million shares expected to be sold in the offering. Read more.
