Digital coupon site files for a $100 million IPO


Shutterstock photo, a digital network of printable coupons, online coupons, loyalty card promotions and mobile coupons, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The Mountain View, CA-based company, which was founded in 1998 and booked $151 million in sales for the 12 months ended September 30, 2013, plans to list on the NYSE under the symbol COUP. Goldman Sachs, Allen & Company, BofA Merrill Lynch and RBC Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.

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This article appears in: News Headlines , IPOs

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