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Rally Software Development Corp Announces Closing of Initial Public Offering

Wednesday, 17 Apr 2013 10:22am EDT 

Rally Software Development Corp announced the closing of its previously announced initial public offering of 6,900,000 shares of its common stock at a price to the public of $14.00 per share, which included 900,000 shares of common stock issued upon the exercise in full of the underwriters' option to purchase additional shares. The shares began trading on the New York Stock Exchange on April 12, 2013 under the ticker symbol RALY. Deutsche Bank Securities Inc. and Piper Jaffray & Co. acted as lead book-running managers for the offering. Needham & Company, LLC, JMP Securities LLC and William Blair & Company, L.L.C. acted as co-managers. 

Company Quote

-0.06 -0.58%
11:29am EDT