New York Times August 28
SÃO PAULO, Brazil – Globant, an Argentine software and information technology services company, has filed to go public on the New York Stock Exchange, in a move to broaden its reach.
In a filing late Tuesday night with the Securities and Exchange Commission, the firm said it sought to raise $86.25 million, although that amount is just a placeholder for registration purposes. The lead underwriters listed are JPMorgan Chase, Citigroup, Credit Suisse, William Blair and Loyal3 Securities.
The company’s investors include the New York-based private equity fund Riverwood Capital, FTVentures, the British advertising giant WPP and Endeavor Global, a New York-based nonprofit organization that seeks to foster entrepreneurship in developing countries.
Globant would be the first technology company from Argentina to be listed on the N.Y.S.E., according to a spokeswoman at the exchange. The Big Board has 80 companies from Latin America listed, 14 from Argentina.