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Silver Spring Networks prices upsized IPO at $17 midpoint

By Renaissance Capital,  March 12, 2013, 08:54:11 PM EDT

Silver Spring Networks, which provides smart grid products and services to utilities, raised $81 million by offering 4.750 million shares at $17, the midpoint of the $16 to $18 range. The company had originally filed to offer 3.705 million shares. Silver Spring Networks plans to list on the NYSE under the symbol "SSNI". Goldman Sachs and Credit Suisse 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 The NASDAQ OMX Group, Inc.


This article appears in: News Headlines, IPOs

Referenced Stocks: SSNI



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