Sterling Check Corp. has set terms of its initial public offering, in which the New York-based background and identity verification services company looks to valued at up to $2.07 billion. The company is looking to raise up to $104.7 million as it is offering 4.76 million shares in the IPO, which is expected to price between $20 and $22 a share, while selling stockholders are offering 9.53 million shares to raise up to $209.6 million. The company expects to have 93.96 million shares outstanding after the IPO. The stock is expected to list on the Nasdaq under the ticker symbol "STER." Goldman Sachs, J.P. Morgan and Morgan...
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September 13, 2021 at 05:57PM
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Sterling Check sets IPO terms, to value the company at up to $2.1 billion - MarketWatch
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