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Gigamon Inc. Announces Pricing Of Initial Public Offering

Tuesday, 11 Jun 2013 07:13pm EDT 

Gigamon Inc. announced the pricing of its initial public offering of 6,750,000 shares of its common stock at a price to the public of $19.00 per share. Gigamon is offering 4,500,000 shares and certain selling stockholders are offering 2,250,000 shares. Gigamon will not receive any of the proceeds from the sale of the shares being sold by the selling stockholders. In addition, Gigamon has granted the underwriters a 30-day option to purchase up to 1,012,500 additional shares of common stock from Gigamon. The shares are expected to begin trading on the New York Stock Exchange on June 12, 2013, under the symbol "GIMO." Goldman, Sachs & Co., BofA Merrill Lynch and Credit Suisse are acting as lead joint book-running managers for the offering, Barclays is acting as a joint book-running manager for the offering, and Raymond James is acting as co-manager for the offering. 

Company Quote

-0.04 -0.19%
4:03pm EDT