Elastic sets IPO terms

Hi All,

https://www.marketwatch.com/story/elastic-sets-ipo-terms-to-…

Elastic has set its IPO terms, looking to raise slightly over $200 million, and expected to price between $26-$29. That would value the company richly at $1.8 to $2.02 Billion.

Before you ask, they did not specify a date! :slight_smile: Hopefully soon and hopefully doesnt open at $60 a share.

Best,
Matt

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Update:

Elastic intends to go public on October 4 - hopefully.

I’ve found the roadshow presentation - its a 21 min video featuring the CEO, CFO, and CRO (Revenue officer).

Helpful video, and makes understanding the company a little easier to see in a visual format, rather than the dry eye reading of a prospectus.

https://www.retailroadshow.com/

From the this main page, just click the elastic presentation right below Capital Bancorp

Best,
Matt

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Enticing . . .

Any idea how Eastic plays against Alteryx? How about New Relic?

Yes, from what I’ve read, the company does offer APM as well as Big Data analytics. I believe these would be complimentary products that could be added to the enterprise search.

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Is Elastic ipo today? Cannot find the stock price.

It is supposed to be priced tonight, and will start trading tomorrow.

https://www.nasdaq.com/markets/ipos/activity.aspx?tab=upcomi…

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