June 28, 2007 / 12:02 AM / in 11 years

PROS Holdings raises $75.1 million in IPO

NEW YORK, June 27 (Reuters) - The initial public offering of PROS Holdings Inc. raised $75.1 million, within the offering’s expected pricing range.

The 6.8-million-share offering sold for $11 per share, compared with a forecast range of $10 to $12, according to an underwriter.

Underwriters led by J.P. Morgan and Deutsche Bank have the option to purchase an additional 1.02 million shares to cover overallotments.

The Houston, Texas-based provider of financial performance software has applied to list its shares on the New York Stock Exchange under the symbol “PRO.” (PRO.N)

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