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the restaurant software maker’s TOST shares debut on the NY – Source fastcompany.com

The latest tech IPO belongs to Toast a company that makes point-of-sale (POS) software for restaurants that runs on Android tablets and smartphones. The Toast platform handles everything from in-store orders, and online orders and delivery, to restaurant marketing. And today the company’s shares debut to the public. Here’s what you need to know:

  • What is Toast? It’s a point of sale hardware and software company that serves the restaurant industry. Toast is based in Boston, Massachusetts, and was founded in 2012.
  • When is Toast’s IPO? Toast, Inc’s initial public offering takes place today, September 22, 2021.
  • What market will Toast shares trade on? Toast will trade on the New York Stock Exchange (NYSE).
  • What is Toast’s ticker symbol? Toast shares will trade under the ticker TOST.
  • How much are TOST shares? The initial offering price of TOST shares is $40 per share. 21,739,131 shares are available.
  • Was Toast impacted by the COVID-19 pandemic? Its employees certainly were. In…

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Source : fastcompany.com

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