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After more than a year with no initial public offering in Austin, the local business scene is having its second in less than a week, according to a report in the Austin Business Journal.

BigCommerce plans to begin trading on the Nasdaq today, Aug. 5, under the ticker "BIGC," the report says:

"The Austin-based company is offering more than 9 million shares of common stock at $24 apiece, according to an Aug. 4 announcement, which would generate more than $216 million."

On Friday, the Austin company Vital Farms went public and is now valued at over $1.5B, according to the report.

"Prior to that, the last Central Texas company to IPO was Yeti Coolers in late October 2018," the report says.

Popular


Ingredients:

  • 750 ml Tito's Handmade Vodka
  • 16 oz strawberries

Directions: Drop sliced strawberries into glass container filled with Tito's Handmade Vodka. Let sit in the refrigerator for 5-7 days. Once desired flavor is reached remove fruit. Enjoy!

First score made by LAFC. (Sonia Garcia/Austonia)

Austin FC couldn't find the stamina to fight off a 2-0 loss against LAFC for their inaugural match on Saturday.

The match, which saw No. 21 Austin FC go head-to-head with No. 2 LAFC in Los Angeles, was broadcast nationally on FOX and FOX Deportes.

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