Marin Software prices upsized IPO at $14, above the range

By Renaissance Capital,

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Marin Software, which provides a cloud-based digital ad management platform, raised $105 million by offering 7.5 million shares at $14, above the range of $11 to $13. The company had originally planned to sell 7.0 million shares, resulting in a total deal size that was 25% larger than originally planned. Marin Software plans to list on the NYSE under the symbol MRIN. Goldman Sachs and Deutsche Bank acted as lead managers 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: MRIN

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