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8x8 Inc Announces Pricing Of Common Stock Offering

Friday, 15 Nov 2013 03:13am EST 

8x8 Inc announced the pricing of a public offering of 12,500,000 shares of its common stock at a price to the public of $9.25 per share. In addition, 8x8 has granted the underwriters a 30-day option to purchase up to an additional 1,875,000 shares of its common stock. 8x8 will receive all of the proceeds from the sale of these shares. The offering is expected to close on November 20, 2013. BofA Merrill Lynch, Barclays, and Deutsche Bank Securities are acting as joint book-running managers for the offering. Needham & Company, Craig-Hallum Capital Group, and Dougherty & Company are acting as co-managers for the offering. 

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