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Toast sets range for IPO at valuation around $16.5B
Toast, a provider of software for restaurant payments processing and other functions, set a range of $30 to $33 per share for its upcoming initial public offering.
The Boston-based company, which previously raised over $900 million in private funding, is reportedly seeking to raise around $717 million in its NYSE offering at a public valuation of around $16.5 billion.
Formo lands $50M for …
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