Market Overview

Trulia Prices 5M Share IPO at $17/Share

Trulia (NYSE: TRLA) today announced the
pricing of its initial public offering of 6,000,000 shares of its common
stock at a price to the public of $17.00 per share. Trulia is offering
5,000,000 shares of common stock and certain selling stockholders are
offering 1,000,000 shares of common stock. In addition, Trulia has
granted the underwriters a 30-day option to purchase up to 900,000
additional shares of common stock offered by Trulia at the initial
public offering price to cover over-allotments, if any. The shares are
expected to begin trading on the New York Stock Exchange on September
20, 2012 under the symbol “TRLA.”

See full press release

Posted in: News, Guidance, Contracts, IPOs

 

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