Proofpoint prices IPO at $13, above the range

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Proofpoint, which provides on-demand data protection solutions to large and mid-sized enterprises, raised $82 million on Thursday by offering 6.3 million shares (19% insider) at $13, above the $10 to $12 range. The company will list on the NASDAQ under the symbol "PFPT". Credit Suisse and Deutsche Bank Securities served as joint bookrunners on the deal.

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.

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