Paymentus IPO prices at $21, top end of its proposed range

Paymentus Holdings Inc. a provider of cloud-based bill payment technology, said Wednesday its initial public offering priced at $21, the high end of its proposed range of $19 to $21. The company offered 10 million shares to raise $210 million. Underwriters have the option to purchase an additional up to 1.5 million shares. The shares will start trading later Wednesday, under the ticker “PAY.”

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