Landover, Md.-based edtech company 2U began trading on the Nasdaq on Friday.
2U (formerly 2Tor) filed on Feb. 21 with the SEC to raise up to $100 million for an initial public offering, as Technical.ly Baltimore reported.
The Baltimore Business Journal has more on 2U’s IPO:
2U raised a total $119.3 million by selling nearly 9.2 million shares at $13 apiece, pricing at the high end of its proposed range. Of that, 2U will only reap proceeds from the 8 million shares sold by the company itself. Another 1.175 million shares were offloaded by selling stockholders.
Read more at the Baltimore Business Journal.
Companies:
2U
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