4 Firms Guide Canadian Fintech's Upsized $369M US IPO
By Tom Zanki (October 6, 2021, 4:35 PM EDT) -- Canadian payments technology provider Nuvei Corp. went public Wednesday after raising $369 million in an upsized U.S. initial public offering after the company doubled the amount of shares offered.
Montreal-based Nuvei sold 3 million subordinate voting shares at $123.14, slightly above the company's closing price Tuesday on the Toronto Stock Exchange, where its stock also trades. Nuvei's U.S.-listed shares began trading Wednesday on the Nasdaq under the symbol "NVEI."
Four firms guided Nuvei's IPO, when counting representation of the company and its underwriters for both countries. Toronto-based Fasken represented Nuvei on Canadian legal matters, while Davis Polk & Wardwell LLP advised...
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