Textura (TXTR) made its public debut on Friday, June the 7th. Shares of the provider of on-demand business collaboration software for the construction company, ended their first trading day with gains of 39.4% at $20.91 per share. Despite the fact that shares fell back a tiny bit in Monday's trading session, the offering has been a huge success.
The Public Offering
Textura is a provider which allows construction developers, contractors and subcontractors to collaborate through its on-demand software. The solutions allow for an increase in efficiency, better risk management and better general control over the construction process.
Textura sold 5 million shares for $15 a piece. The company itself sold all the shares, thereby raising $75...