* Expects price to be $15-$17 per share
* To offer 9.4 million Class A shares
April 8 DynaVox Inc said it expects proceeds of
up to $150 million from its initial public offering of Class A
The Delaware-based company expects to offer 9.4 million
shares at $15 to $17 apiece.
Following the offering, the Class A common stockholders
will own 100 percent of the economic interests in DynaVox and
have 31.7 percent of the voting power, the company said in a
filing with the U.S Securities and Exchange Commission.
The holders of Class B common stock will have the remaining
68.3 percent of the voting power of DynaVox.
DynaVox develops and markets software, devices and content
to assist people in overcoming their speech, language or
The company has applied for listing its common stock on
Nasdaq under the symbol "DVOX".
(Reporting by Brenton Cordeiro in Bangalore; Editing by Ratul