Credit: Shutterstock photoOoma, which provides internet-based phone service to homes and small businesses, raised $65 million by offering 5 million shares at $13, below the range of $16 to $18. Ooma plans to list on the NYSE under the symbol OOMA. Credit Suisse, BofA Merrill Lynch and JMP Securities acted as lead managers on the deal.
The article Ooma prices IPO at $13, 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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
