IPO Busy Season Arrives as Snowflake, JFrog Boost Listing Plans

Sept. 14, 2020, 4:22 PM UTC

Software companies Snowflake Inc. and JFrog Ltd. increased the size of their U.S. initial public offerings on Monday, setting the scene for several busy weeks ahead for new technology listings.

Cloud-data company Snowflake bumped its IPO price range to $100 to $110 a share from $75 to $85, bringing the amount it’s aiming to raise to as much as $3.08 billion. The offering could value Snowflake, which was last privately valued at about $12.5 billion, at more than $30 billion, based on the number of shares outstanding after the offering.

JFrog, which makes tools for software developers, raised its price ...

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