Globe & Mail 07:00 AM EST, 01/22/2021 (MT Newswires) -- Docebo Inc. (TSX: DCBO; Nasdaq: DCBO), involved in applying new technologies to the traditional corporate learning management system market, announced pricing details for a previously announced secondary offering on Friday before markets opened.
The Toronto-based company said an offering composed of 2,013,288 common shares offered by shareholders Intercap Equity Inc., Claudio Erba and Alessio Artuffo will be sold to the public for US$49.67 per share. Total proceeds are expected to reach roughly US$100-million and the offering is expected to close on Jan 26.
Docebo's NASDAQ-listed shares were trading above the offer price in pre-market trading shortly before 7am ET, rising US$0.39 per share or 0.8% to US$50.06.
Price: 62.87, Change: -7.64, Percent Change: -10.84