Online used car marketplace ACV Auctions prices its Nasdaq IPO at $25 per share, raising $414M and valuing the company at $3.9B (Liana Baker/Bloomberg)

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Liana Baker / Bloomberg:
Online used car marketplace ACV Auctions prices its Nasdaq IPO at $25 per share, raising $414M and valuing the company at $3.9B  —  Shareholders of used car online auction company ACV Auctions Inc. raised $414 million in an initial public offering priced above its marketed range.

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