GTY Technology Holdings (GTYHU) expects to raise $400 million in an initial public offering on Thursday, October 27th. The company plans to issue 40,000,000 shares at $10.00 per share.

GTY Technology Holdings has a market cap of $400 million.

Citigroup acted as the underwriter for the IPO and I-Bankers Securities was co-manager.

GTY Technology Holdings provided the following description of their company for its IPO: ” We are a newly organized blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We will seek to capitalize on the significant experience and contacts of our management team in consummating an initial business combination. We believe our management team’s distinctive background can have a transformative impact on a target business. Although we may pursue a business combination target in any business or industry, we intend to capitalize on the ability of our management team to identify, acquire and operate a business in the technology industry, including software and services, that may provide the opportunity to unlock the value of a private company and provide opportunities for an attractive risk adjusted return to our shareholders. “.

GTY Technology Holdings was founded in 2016 and has 0 employees. The company is located at 1180 North Town Center Drive, Suite 100. Las Vegas, NV 89144, US and can be reached via phone at (702) 945-2898.

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