TubeMogul prices IPO at $7, low end of the revised range

By Renaissance Capital,

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TubeMogul, which provides a programmatic digital video ad buying platform for brand advertisers, raised $44 million by offering 6.3 million shares at $7, the low end of the revised range of $7-$8. The company had originally sought a price of $11-$13. TubeMogul plans to list on the NASDAQ under the symbol TUBE. BofA Merrill Lynch, Citi and RBC Capital Markets 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: TUBE

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