engagesmart inc esmt has set terms of its initial public offering in which the massachusettsbased customer engagement and payments software company could be valued at up to 402 billion the company is looking to raise up to 3250 million as it is offering 130 million shares in the ipo which is expected to price between 23 and 25 a share and selling stockholders are offering 155 million shares to raise up to 388 million the company expects to have 16096 million shares outstanding after the ipo the stock is expected to list on the nyse under the ticker symbol esmt jp morgan goldman sachs bofa securities and citigroup are the lead underwriters the company is looking to go public at a time that the renaissance ipo etf ipo has climbed 83 over the past three months to outperform the sp 500s spx 50 gain