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Violin Memory Inc Prices Initial Public Offering


Thursday, 26 Sep 2013 11:16pm EDT 

Violin Memory Inc announced the pricing of its Initial Public Offering of 18,000,000 shares of common stock at a price to the public of $9.00 per share. All of the shares are being offered by Violin Memory. The shares are expected to begin trading on the New York Stock Exchange on September 27, 2013 under the symbol VMEM. In addition, Violin Memory has granted the underwriters a 30-day option to purchase up to an additional 2,700,000 shares of common stock at the initial public offering price to cover over-allotments, if any. J.P. Morgan, Deutsche Bank Securities, and BofA Merrill Lynch are acting as lead joint book-running managers for the offering and Barclays is also acting as a joint book-running manager. Baird and Pacific Crest Securities are acting as co-managers. EM Securities is also an underwriter. 

Company Quote

3.7
-0.06 -1.60%
11:10am EDT