Snowflake just raised its expected IPO price, and the buzz got even louder – Reports

Snowflake just raised its expected IPO price, and the buzz got even louder

Snowflake’s IPO is heating up.

The cloud data platform now is forecasting its share price of its initial public offering to be $100-$110. That’s about 30% higher than the $75-$85 the company originally listed on its amended Form S-1, filed with the U.S. Securities and Exchange Commission last Monday.

The proposed maximum aggregate offering price is more than $3.5 billion, according to Snowflake’s second updated SEC filing, which was submitted yesterday.

In the September 8 paperwork, the…

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