InterCloud Systems prices IPO at $4, below the range

By Renaissance Capital,

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InterCloud Systems, which provides telecom infrastructure staffing and management services, raised $5 million by offering 1.3 million shares at $4, below the range of $5 to $7. Intercloud Systems plans to list on the NASDAQ under the symbol ICLD. Aegis Capital Corp. acted as lead manager on the deal.

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

This article appears in: News Headlines IPOs
Referenced Stocks: ICLD

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