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Xoom Corp Announces Launch Of Follow-On Offering


Monday, 9 Sep 2013 04:10pm EDT 

Xoom Corp announced the launch of a follow-on offering of 3,732,622 shares of its common stock. Of these, 2,300,000 shares will be offered by Xoom and 1,432,622 shares will be offered by selling stockholders. The underwriters will be granted a 30-day option to purchase up to an additional 559,893 shares of common stock from Xoom to cover over-allotments. Barclays Capital Inc. and Needham & Company, LLC are acting as joint book-running managers for the offering, and Robert W. Baird & Co. and SunTrust Robinson Humphrey are acting as co-managers for the offering. 

Company Quote

17.73
0.03 +0.17%
26 Dec 2014