Financial software provider OneStream (OS.US) will debut on the Nasdaq tonight with an offering price of $20 per share.

OneStream (OS.US), a corporate software provider for financial and operational management, will be listed on Nasdaq on July 24. The company will issue 24.5 million shares at a price of $20 per share to raise $490 million. This offering includes approximately 18.05 million shares to be sold by OneStream and about 6.45 million shares to be sold by existing shareholders. It is worth mentioning that the offering price is higher than the previously announced price range of $17-19 per share. According to information, OneStream provides a platform that unifies core financial and broader operational data and processes in one space, ensuring the integrity of corporate financial reporting standards while providing critical operational insights to business users. Its customer base includes global enterprises, mid-market organizations, and government entities, with over 1400 customers across various industries (including industrial, healthcare, and consumer) as of March 31, 2024. Data shows that the company's revenue for the 12 months ending on March 31, 2024, was $406 million.