CrowdStrike Raises $612 Million as IPO Tech Rush Continues

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CrowdStrike Raises $612 Million as IPO Tech Rush ContinuesCrowdStrike sold 18 million shares on Tuesday at $34 each, above its already elevated target range, the company said in a statement confirming an earlier report by Bloomberg. The Sunnyvale, California-based company had marketed the shares for $28 to $30, a target range it had earlier raised from $19 to $23. The offering values the company at more than $6.6 billion based on the shares outstanding as listed in its filings with the U.S. Securities and Exchange Commission.


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