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June 9, 2011 03:51 am GMT
Wow. Fusion-io, the developer of flash- memory technology for companies, just upped the final price of its IPO to $19 per share, after increasing the range yesterday to $16 to $18 per share from $13 to $15 per share. At $19 per share, the company is valued at $1.47 billion dollars with 77,809,084 shares outstanding at the time of offering. The company, which will begin trading on the New York Stock Exchange under the symbol "FIO" tomorrow morning, is offering a total of 10,755,607 shares in its IPO and aiming to raise as much as $254.6 million. Another 1,544,393 shares are being offered by selling stockholders. In addition, the underwriters have an option to purchase up to an additional 1,845,000 shares from Fusion-io on the same terms and conditions. 
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/97AmgVKj7Hc/
Fusion-io Prices IPO At $19 Per Share; Now Valued At $1.5 Billion
Wow. Fusion-io, the developer of flash- memory technology for companies, just upped the final price of its IPO to $19 per share, after increasing the range yesterday to $16 to $18 per share from $13 to $15 per share. At $19 per share, the company is valued at $1.47 billion dollars with 77,809,084 shares outstanding at the time of offering. The company, which will begin trading on the New York Stock Exchange under the symbol "FIO" tomorrow morning, is offering a total of 10,755,607 shares in its IPO and aiming to raise as much as $254.6 million. Another 1,544,393 shares are being offered by selling stockholders. In addition, the underwriters have an option to purchase up to an additional 1,845,000 shares from Fusion-io on the same terms and conditions. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/97AmgVKj7Hc/
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