Everyday Health prices IPO at $14, the midpoint of the range

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Everyday Health, which provides online health-related content to consumers and professionals through a portfolio of websites, raised $100 million by offering 7.2 million shares (25% insider) at $14, the midpoint of the $13-$15 range. At its offer price, Everyday Health commands a $454 million market cap and a $441 million enterprise value. Everyday Health will list on the NYSE under the symbol EVDY. J.P Morgan, Credit Suisse and Citi acted as joint bookrunners on the deal.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

Referenced Stocks: EVDY

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