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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