ServiceTitan made a few interesting disclosures about what it will do with the money from its IPO and who it will sell the stock to.

ServiceTitan, a Glendale tech firm that makes business management software for plumbers, painters and other contractors, announced Tuesday that it wants to raise up to $502 million in its initial public offering on the Nasdaq.

The Glendale, Calif.-based company TTAN would raise $501.6 million at the top of that range. With 90.5 million shares expected to be outstanding once the deal closes, the company would have a valuation of $5.2 billion.