12:58 PM EDT, 05/09/2024 (MT Newswires) -- Silvaco Group ( SVCO ) shares opened at $21 in Thursday's trading debut on Nasdaq, after pricing its initial public offering at $19 per share.

The offering includes 6 million shares with the underwriters' option to purchase up to an additional 900,000 shares.

The company expects to close the offering on May 13, subject to customary conditions.

The company shares were up about 1% in recent trading.

Price: 19.15, Change: +0.15, Percent Change: +0.79