Wyrick Robbins attorneys Larry Robbins, Don Reynolds, Jeffrey Smith, Anthony Williams, and Kevin Prakke recently helped Blackbaud, Inc. successfully complete its Initial Public Offering. In the IPO, stockholders of Blackbaud sold 9,313,596 shares of common stock at a price per share of $8.00, resulting in $74,508,768 in gross proceeds. Blackbaud is the leading global provider of software and related services designed specifically for nonprofit organizations. More than 12,500 organizations use Blackbaud products and consulting services for fundraising, financial management, business intelligence and school administration. Blackbaud is listed on the Nasdaq National Market under the symbol “BLKB”. A copy of the final prospectus that Wyrick Robbins helped Blackbaud prepare is available here.
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