Millennial Media Prices 10M Share Offering at $14.15/Share

Millennial Media MM announced today the pricing of its previously announced underwritten public offering of 10,000,000 shares of its common stock at $14.15 per share. Millennial Media is selling 921,952 of its shares of common stock. An additional 9,078,048 shares are being sold by Millennial Media stockholders. In addition, certain of the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of common stock. The proceeds of the primary portion of the offering will be used for working capital and general corporate purposes. Millennial Media will not receive any proceeds from shares of common stock to be sold by the selling stockholders. As part of the underwriting procedures, Millennial See full press release