Real Matters joins IPO parade, looks to raise up to $132 mln
Real Matters, a real estate technology platform, has priced its recently filed initial public offering in Canada. The Toronto company, backed by a mix of private and public investors, expects to raise as much as $132 million from a sale of common shares at $12 to $13 per unit, according to the updated prospectus. Earlier this week, Bloomberg said Real Matters is seeking a $1.1 billion valuation with the issue. That’s well up from the $653 million value reported for the business a year ago.
27 April 2017•2 mins read
