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Marketo Inc Announces Pricing of Initial Public Offering


Thursday, 16 May 2013 09:52pm EDT 

Marketo Inc announced the pricing of initial public offering of 6,059,509 shares of common stock at a price to the public of $13.00 per share. The shares are expected to begin trading on The NASDAQ Global Select Market on May 17, 2013, under the symbol MKTO. Marketo is offering 5,750,000 shares and selling stockholders are offering 309,509 shares. Marketo will not receive any of the proceeds from the sale of the shares being sold by the selling stockholders. In addition, Marketo has granted the underwriters a 30-day option to purchase up to 908,926 additional shares of common stock. Goldman, Sachs & Co. and Credit Suisse Securities (USA) LLC are acting as lead book-running managers for the offering. UBS Securities LLC, Canaccord Genuity Inc., Raymond James & Associates, Inc. and JMP Securities LLC are acting as co-managers. 

Company Quote

34.16
0.51 +1.52%
23 Jan 2015