The company raised $629.3 million in its initial public offering on the NASDAQ stock exchange under the ticker symbol of DOCU on April 27, 2018. A total of 24,955,000 shares were sold at a price of $29 per share. After the offering, there was a total of 152,109,033 outstanding shares (excluding the over-allotment option) priced at $29 per share, valuing the company at $4.41 billion. The company sold 16,059,182 shares and selling shareholders sold 5,640,818 shares. The total proceeds, before expenses, to the company was $465.71 million and to the sellling shareholders was $163.58 million. The underwriters exercised their option to purchase up to an additional 3,255,000 shares from the company to cover over-allotments, if any.