Overview

• Shares rose about 7% Friday to roughly $24 after an 18% jump on their first trading day.
• The company sold 47.8 million shares at $19 each, raising $908.2 million under the ticker NTSK.
• The IPO implied a valuation near $7.3 billion, which increased to approximately $8.6 billion after day one.
• Investor demand was reported around 20 times covered, with Morgan Stanley and JPMorgan leading the deal.
• Recent filings show $328.5 million in first-half revenue and a narrower $169.5 million net loss, ARR near $707 million, and an AI-driven platform used by Colgate-Palmolive, Home Depot, and Bayer.