Ruckus Wireless prices IPO at $15, the high end of the range

By Renaissance Capital,

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Ruckus Wireless, which provides carrier-class Wi-Fi systems to mid-tier enterprises and telecoms, raised $126 million by offering 8.4 million shares (17% insider) at $15, the high end of the range of $13 to $15. Ruckus Wireless plans to list on the NYSE under the symbol RKUS. Goldman Sachs, Morgan Stanley and Deutsche Bank 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 Nasdaq, Inc.

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

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