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Absolute Software Priced, Nasdaq: ABST

Provides a cloud-based device management and security platform.

Industry: Technology

First Day Return: +0.9%

Industry: Technology

We deliver a cloud-based service that supports the management and security of computing devices, applications, and data for a variety of organizations globally. Our differentiated technology is rooted in our patented Persistence® technology, which is embedded in the firmware of laptop, desktop, and tablet devices (collectively, “endpoint devices”) by almost every major global computer manufacturers (“PC OEMs”). Enabling a permanent digital tether between the endpoint and the organization that distributed it, we provide IT and security personnel with connectivity, visibility, and control, whether a device is on or off the corporate network, and empower them with Self-Healing Endpoint® security to ensure mission critical applications remain healthy and deliver intended value. Our technology is embedded in over a half-billion devices and we currently serve more than 13,000 commercial customers with over 10.8 million activated licenses globally.
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IPO Data
IPO File Date 10/26/2020
Offer Price $11.00
Price Range $11.00 - $11.00
Offer Shares (mm) 5.5
Deal Size ($mm) $60
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/27/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $60
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Vancouver, BC, Canada
Founded 1993
Employees at IPO 499
Website www.absolute.com

Absolute Software (ABST) Performance