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Wix.com prices IPO at $16.50, the high end of the range

Posted
11/5/2013 5:00:00 PM
By: Renaissance Capital
Referenced Stocks:WIX

Wix.com, a freemium provider of web presence solutions to small businesses globally, raised $127 million by offering 7.7 million shares (29% insider) at $16.50, the high end of the range of $14.50 to $16.50. Wix.com plans to list on the NASDAQ under the symbol WIX. Wix.com initially filed confidentially on 5/30/2013. J.P. Morgan, BofA Merrill Lynch and RBC Capital Markets acted as lead managers on the deal.