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Rocket Fuel Inc Prices Initial Public Offering


Friday, 20 Sep 2013 01:23am EDT 

Rocket Fuel Inc announced the pricing of its initial public offering of 4,000,000 shares of common stock at a price to the public of $29.00 per share. All of the shares are being offered by Rocket Fuel. The shares are expected to begin trading on the NASDAQ Global Select Market on September 20, 2013 under the symbol FUEL. In addition, the underwriters have a 30-day option to purchase up to 600,000 additional shares of common stock at the initial public offering price from certain existing stockholders of Rocket Fuel to cover over-allotments, if any. None of Rocket Fuel's executive officers are participating in the offering as selling stockholders. Credit Suisse and Citigroup are acting as joint bookrunners for the offering. Needham & Company, Oppenheimer & Co., Piper Jaffray, BMO Capital Markets, and LUMA Securities are acting as co-managers. 

Company Quote

15.89
-0.11 -0.69%
16 Sep 2014