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Article: Ancestry.com Inc. Prices Initial Public Offering at $13.50 Per Share.
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
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Ancestry.com Inc. announced the pricing of its initial public offering of 7,407,407 shares of common stock at a price of $13.50 per share. A total of 4,074,074 shares are being offered by Ancestry.com, and a total of 3,333,333 shares are being offered by selling stockholders.
Ancestry.com common stock will commence trading on November 5, 2009 on the NASDAQ Global Select Market under the symbol "ACOM."
The offering was led by Morgan Stanley and BofA Merrill Lynch. Jefferies and Company, Piper Jaffray, and BMO Capital Markets served as co-managers. In addition, for up to 30 days, Ancestry.com has granted the underwriters the right to purchase up to an ...