Qualys sets range at $11-13 for $91 million US IPO

By
A A A

Qualys, which provides cloud-based information security and compliance software solutions, announced terms for its IPO on Wednesday. The Redwood Shores, CA-based company plans to raise $91 million by offering 7.6 million shares (12% insider) at a price range of $11.00 to $13.00. At the midpoint of the proposed range, Qualys would command a fully diluted market value of $414 million.  The company, which was founded in 1999 and booked $83 million in sales for the 12 months ended June 30, 2012, plans to list on the NASDAQ under the symbol QLYS. J.P. Morgan and Credit Suisse are the 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: QLYS

Renaissance Capital

Renaissance Capital

More from Renaissance Capital:

Related Videos

How to Fire Your Adviser
How to Fire Your Adviser            

Stocks

Referenced

100%

Most Active by Volume

75,750,465
  • $16.77 ▲ 0.36%
59,791,764
  • $101.58 ▲ 0.71%
38,720,622
  • $42.59 ▼ 0.28%
37,416,417
  • $46.52 ▼ 0.51%
35,101,793
  • $16.28 ▲ 0.74%
34,987,975
  • $99.53 ▲ 0.15%
33,760,830
  • $3.63 ▲ 0.69%
32,148,671
  • $17.61 ▲ 0.57%
As of 9/17/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com