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Wireless

YuMe Networks prices IPO below range

Wednesday 7 August 2013 | 11:53 CET | News
Video and app advertising specialist YuMe Networks has raised USD 46.1 million in its initial public offering of shares. The company sold 5.125 million shares at USD 9 each, below the earlier indicated range of USD 12-15. Its shares start trading on the New York Stock Exchange on 07 August. The underwriters have been granted a 30-day option to purchase up to an additional 768,750 shares of from certain selling stockholders at the initial public offering price.

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Categories: Internet / Mobile & Wireless
Companies: YuMe
Countries: World
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