Flywire Announces Pricing of Initial Public Offering
May 25 2021 - 8:04PM
Flywire Corporation (“Flywire”), a global payments enablement and
software company, today announced the pricing of its initial public
offering of 10,440,000 shares of its common stock at a price to the
public of $24.00 per share. In addition, the underwriters have been
granted a 30-day option to purchase up to an additional 1,566,000
shares of common stock, at the initial public offering price, less
underwriting discounts and commissions.
The shares are expected to begin trading on the Nasdaq Global
Select Market on May 26, 2021 under the ticker symbol “FLYW” and
the offering is expected to close on May 28, 2021, subject to
customary closing conditions.
Goldman Sachs & Co. LLC, J.P. Morgan, Citigroup and BofA
Securities are acting as lead book-running managers for the
offering. Raymond James, RBC Capital Markets and William Blair are
acting as book-running managers for the offering. Guggenheim
Securities, Nomura, AmeriVet Securities, Ramirez & Co., Inc.,
Siebert Williams Shank and Telsey Advisory Group are acting as
co-managers for the offering.
The offering is being made only by means of a prospectus. Copies
of the prospectus, when available, may be obtained from: Goldman
Sachs & Co. LLC, Attn: Prospectus Department, 200 West Street,
New York, NY 10282, by telephone at (866) 471-2526 or by email at
prospectus-ny@ny.email.gs.com; J.P. Morgan Securities LLC,
c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717, by telephone at 866-803-9204 or by email at
prospectus-eq_fi@jpmorganchase.com; Citigroup Global Markets Inc.,
c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, New York 11717, by telephone at 1-800-831-9146 or by
email at prospectus@citi.com; or BofA Securities, NC1-004-03-43,
200 North College Street, 3rd floor, Charlotte NC 28255-0001, Attn:
Prospectus Department or by email at
dg.prospectus_requests@bofa.com.
A registration statement relating to the offering was declared
effective by the Securities and Exchange Commission on May 25,
2021. This press release shall not constitute an offer to sell or
the solicitation of an offer to buy these securities, nor shall
there be any sale of these securities in any state or jurisdiction
in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any
such state or jurisdiction.
About Flywire
Flywire is a global payments enablement and software company.
Flywire combines its proprietary global payments network, next-gen
payments platform and vertical-specific software to deliver the
most important and complex payments for its clients and their
customers.
Flywire leverages its vertical-specific software and payments
technology to deeply embed within the existing A/R workflows for
its clients across the education, healthcare and travel vertical
markets, as well as in key B2B industries. Flywire also integrates
with leading ERP systems, so organizations can optimize the payment
experience for their customers while eliminating operational
challenges.
Flywire supports 2,250+ clients with diverse payment methods in
more than 130 currencies across 240 countries and territories
around the world. The company is headquartered in Boston, MA, USA
with global offices.
Contacts
Investor Relations Contact:
ICRflywireir@icrinc.com
Media Contacts:
Sarah KingSarah.King@Flywire.com
Prosek Partnerspro-flywire@prosek.com
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