Fastly IPO prices at $16 high end

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Fastly, which operates an edge cloud platform for optimized web and application delivery, raised $180 million by offering 11.25 million shares at $16, the high end of the range of $14 to $16.

The San Francisco, CA-based company plans to list on the NYSE under the symbol FSLY. BofA Merrill Lynch, Citi and Credit Suisse acted as lead managers on the deal.

The article Fastly IPO prices at $16 high end originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

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

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