UserTesting, Inc.

UserTesting, Inc. (USER) priced its initial public offering on Nov 17, 2021 at $14.00 per share, raising $140M, and listed on NYSE. At the IPO price its market capitalization was about $1.97B. Morgan Stanley was lead-left underwriter, joined by J.P. Morgan. Fenwick & West advised the company and Latham & Watkins advised the underwriters.

UserTesting, Inc. provides a video-first software-as-a-service platform that lets organizations see and hear real people interacting with products, designs, apps and brands. It captures customer perspectives from targeted audiences who have opted in to share them.

Status

IPO

Ticker

USER

Exchange

NYSE

Priced

Nov 17, 2021

IPO price

$14.00

Raised

$140M

Market cap at IPO price

$1.97B

First filed

Oct 13, 2021

Underwriters

Morgan Stanley and J.P. Morgan

Company counsel

Fenwick & West

Underwriters' counsel

Latham & Watkins

Sector

Technology

Country / state

CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.