Gitlab Targets $8.6 Billion Valuation in Market Debut
Software developer Gitlab is making its public debut next week.
On Monday, Gitlab set terms for its initial public offering. The company, which is remote-only and doesn’t have a headquarters, plans to offer 10.4 million shares at $55 to $60, a prospectus said. At $60 a share, Gitlab is chasing a nearly $8.6 billion valuation.
The start-up…
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