The Raspberry Pi IPO could see the company get a market capitalization of £540 million ($686 million) amid speculation that shares could be priced around £2.80 ($3.56).
Raspberry Pi IPO: are they selling out?
According to reports, the IPO will raise 179 million pounds ($228 million) from the IPO, which will give the company a valuation of around 540 million pounds ($686 million). Pricing would be at the upper end of its range, according to terms seen by Bloomberg.
Reports have also noted that the deal is oversubscribed "several times."
Trading is expected to start on June 14.
