Advanced Computing in the Age of AI | Friday, August 12, 2022

Confluent Announces Closing of Initial Public Offering 

MOUNTAIN VIEW, Calif., June 29, 2021 -- Confluent, Inc. (NASDAQ: CFLT), a platform for data in motion, today announced the closing of its initial public offering of 23,000,000 shares of Class A common stock at a price to the public of $36.00 per share. Confluent’s Class A common stock is listed on the Nasdaq Global Select Market under the ticker symbol “CFLT”.

Morgan Stanley, J.P. Morgan, Goldman Sachs & Co. LLC, BofA Securities, and Citigroup acted as lead book-running managers for the offering. Barclays, Credit Suisse, Deutsche Bank Securities, UBS Investment Bank, and Wells Fargo Securities acted as additional book-running managers. Cowen, D.A. Davidson & Co., JMP Securities, KeyBanc Capital Markets, and Piper Sandler acted as co-managers.

About Confluent

Confluent is a leader in a fundamentally new category of data infrastructure focused on data in motion. Confluent’s cloud-native offering is the foundational platform for data in motion – designed to be the intelligent connective tissue enabling real-time data, from multiple sources, to constantly stream across the organization. With Confluent, organizations can meet the new business imperative of delivering rich, digital front-end customer experiences and transitioning to sophisticated, real-time, software-driven backend operations.


Source: Confluent

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