Sidley, Ropes & Gray Steer Fintech Co.'s Planned $175M IPO

Law360 (July 7, 2020, 5:54 PM EDT) -- Private equity-backed financial technology company nCino said Tuesday it expects to raise $175 million in an initial public offering guided by Sidley Austin LLP and Ropes & Gray LLP.

Sidley-led nCino Inc. said it is aiming to sell more than 7.6 million shares in the price range of $22 to $24, bringing the proceeds to more than $175.37 million based on the midpoint share price, according to its registration statement with the U.S. Securities and Exchange Commission. NCino said the money will fund general business operations.

The North Carolina-based company initially filed confidentially in December, according to SEC records.

The Ropes...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!