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Nexxen International (Tremor International) Priced, Nasdaq: NEXN

Provides a platform that automates digital ad transactions for advertisers and publishers.

Industry: Technology

Latest Trade: $5.53 0.00 (0.0%)

First Day Return: -5.8%

Return from IPO: -70.9%

Industry: Technology

We are a global company offering an end-to-end software platform that enables advertisers to reach relevant audiences and publishers to maximize yield on their digital advertising inventory. We use our proprietary technology to deliver impactful brand stories to target audiences through digital ad technology and advanced audience data. Our omni-channel capabilities deliver global advertising campaigns across all formats and channels, with an expertise in video format ads on all devices (“Video”) and Connected TV (“CTV”). We believe there is a significant market opportunity within the approximately $455 billion global digital advertising market that is expected to grow at a compound annual growth rate (“CAGR”) of 11.4% through 2025, according to eMarketer. Digital publishers rely on advertising to support their businesses and brands, and advertisers use this medium to capture uniquely targeted and viewable impressions. We believe the digital advertising market remains fragmented and that our full service end-to-end software platform and vast expertise within Video and CTV puts us in a strong position to continue to increase our market share from traditional ad sales channels.
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IPO Data
IPO File Date 05/25/2021
Offer Price $19.00
Price Range $19.00 - $19.00
Offer Shares (mm) 6.8
Deal Size ($mm) $129
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/17/2021
Offer Price $19.00
Price Range $19.00 - $19.00
Offer Shares (mm) 6.8
Deal Size ($mm) $129
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
RBC Capital Markets
Stifel
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Company Data
Headquarters Tel Aviv, Israel
Founded 2007
Employees 564
Website www.tremorinternational.com

Nexxen International (Tremor International) (NEXN) Performance