Black Knight prices IPO shares at $24.50


  • By Mark Basch
  • | 12:00 p.m. May 20, 2015
  • | 5 Free Articles Remaining!
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Black Knight Financial Services Inc. on Tuesday night priced its initial public offering of 18 million shares of stock at $24.50 each, and the shares are scheduled to begin trading today on the New York Stock Exchange.

Black Knight is a mortgage technology and analytics company that is majority owned by Jacksonville-based Fidelity National Financial Inc.

Fidelity will retain voting control of the company after the IPO.

In a Securities and Exchange Commission filing last week, Black Knight said it planned to sell 17 million shares of Class A stock at $22 to $25 each, but it increased the IPO by 1 million shares.

The shares will trade under the ticker symbol “BKFS.”

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