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Tuesday, September 20, 2016

Nutanix Seeks to Sell Up to $209 Million of Stock in IPO

Silicon Valley software company #Nutanix Inc. put a price range of $11 to $13 a share on its initial public offering of stock amid a cold market this year for tech IPOs. Nutanix plans to sell 14 million Class-A shares, plus 2.1 million in a so-called overallotment option, which gives underwriters the opportunity to sell additional shares under certain circumstances.
http://www.wsj.com/articles/nutanix-seeks-to-sell-up-to-209-million-of-stock-in-ipo-1474285963

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