Kornit Digital, which sells digital printing equipment and inks to the printed textile industry, raised $71 million by offering 7.1 million shares at $10, below the range of $13 to $15. Kornit Digital plans to list on the NASDAQ under the symbol KRNT. Kornit Digital initially filed confidentially on 12/10/2014. Barclays and Citi acted as lead managers on the deal.
The article Kornit Digital prices IPO at $10, below the range originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
