MediaAlpha prices IPO at $19 midpoint

MediaAlpha, which provides an automated digital ad buying platform for the insurance industry, raised $176 million by offering 9.3 million shares at $19, the midpoint of the range of $18 to $20. MediaAlpha plans to list on the NYSE under the symbol MAX. J.P. Morgan, Citi, Credit Suisse, RBC Capital Markets, Canaccord Genuity and William Blair acted as joint bookrunners on the deal.

The article MediaAlpha prices IPO at $19 midpoint 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.

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