Market Overview

Proofpoint Announces Pricing of 6.33M Share IPO at $13.00

Proofpoint, Inc. (NASDAQ: PFPT) today announced the pricing of its initial public offering of 6,329,421 shares of its common stock at a price to the public of $13.00 per share. The shares are expected to begin trading on The Nasdaq Global Market on April 20, 2012 under the symbol "PFPT."

Proofpoint is offering 5,130,000 shares of common stock and selling stockholders are offering 1,199,421 shares of common stock. In addition, Proofpoint and the selling stockholders have granted the underwriters a 30-day option to purchase up to 769,500 additional shares of common stock to cover over-allotments, if any.

Posted-In: News IPOs

 

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