Today website host GoDaddy revealed it will initially price its stock at $17-$19 a share during its upcoming IPO.
The company will be offering up 22 million shares of Class A common stock on the New York Stock Exchange under the symbol GDDY.
GoDaddy was founded in 1997 as a website builder and host. The service first developed a reputation for its provocative television commercials featuring scantily clad women. But the company has done a lot of growing up over the past few years, redesigning its products to be more small-business focused and moving away from some of the gimmicky marketing tactics it used early on. Today GoDaddy boasts a customer base of 13 million.
New partnerships with T-Mobile and Microsoft have the potential to grow that base even more.
June 5th: The AI Audit in NYC
Join us next week in NYC to engage with top executive leaders, delving into strategies for auditing AI models to ensure fairness, optimal performance, and ethical compliance across diverse organizations. Secure your attendance for this exclusive invite-only event.
GoDaddy filed for its initial public offering in June 2014.
