Kardigan raises $400 million in upsized US IPO

Key facts

• Kardigan raised $400 million in its U.S. IPO.
• The IPO was upsized.
• The offering priced at the highest end of its marketed range.

Kardigan has successfully raised $400 million through an upsized U.S. initial public offering. The offering priced at the highest end of its marketed range, indicating strong investor demand.