Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Got in @ $3.21 Riding the 50 day and in a bullish channel
I will have short position 3-6 months.
this stock is my next purchase. looks very promising, but I will see in the next 3-6 months. Go YUME!
You're the one trying to hurt good people with you're lies and "opinions". I'm pretty sure you're the chump!
YUME price target 4.80 based on the chart.
Seems fake to me. Good luck.
I'd sell if I were you. Share price is going down in my opinion. Good luck.
This seems like a major pump and dump to me. Technicals are breaking down. Questionable management. Buyer beware on this one. Good luck.
Circumstances At YuMe Signal An Imminent Takeover And 200% Potential Upside
Jul. 7, 2014 9:25 AM ET | About: YuMe, Inc. (YUME)
Disclosure: The author is long YUME. (More...)
http://seekingalpha.com/article/2301795-circumstances-at-yume-signal-an-imminent-takeover-and-200-percent-potential-upside
>>>>Many independent ad networks the world over such as Millennial Media and YuMe Inc are struggling—reflected in their sagging stock prices—and experts predict that smaller mobile ad companies will likely be acquired or merge among themselves. In the new businesses, too, InMobi is likely to come up against Google and Facebook.<<<<<<
Read more at: http://www.livemint.com/Companies/lJoi51F08bcCeTdD4XmBfL/InMobi-overhauls-its-management-structure.html?utm_source=copy
On June 24, 2014, YuMe Inc (NYSE:YUME), a leading provider of digital video brand advertising solutions, has appointed industry veteran Venkat Krishnan, as its new SVP of Product. With more than 20 years of experience developing advertising, video back-office and interactive application platforms for companies such as SeaChange International Inc. (“SeaChange”) and Alcatel-Lucent, Krishnan will lead YuMe’s Product group globally. YuMe Inc (NYSE:YUME), net profit margin is -0.90% and weekly performance is 0.67%. On last trading day company shares ended up $5.99. Analysts mean target price for the company is $10.00. YuMe Inc (NYSE:YUME), distance from 50-day simple moving average (SMA50) is 2.27%.
Some insider buying this past few days
Neither, buy!
YUME NEWS
YuMe Launches Nordic Operations with a New Office in Sweden – Tre Kronor and Maria.com First to Run YuMe Ngage
YUME INC (NYSE:YUME)
Intraday Stock Chart
Today : Tuesday 5 November 2013
YuMe Inc. (NYSE: YUME) a leading provider of digital video brand advertising solutions, has opened offices in Stockholm, Sweden, which will serve as the hub to service brand advertisers and publishers in Sweden, Norway, Finland and Denmark. YuMe now has European offices located in the UK, France, Spain and Germany as they continue with their expansion plans in Europe.
Maria.com first advertiser in the Nordics to run YuMe's Ngage ad format (Photo: Business Wire)
“The Nordic region was a natural next step for us, after watching the immense growth within Sweden, Norway, Denmark and Finland’s digital video advertising markets over the past year,” said Owen Hanks, General Manager, Europe, YuMe. “The demand for effective cross-screen advertising solutions continues to grow and we feel that the timing is perfect to offer YuMe’s technology to this market.”
YuMe’s Nordics office is located in the heart of Stockholm, Sweden, the largest advertising market in the Nordics region. YuMe Nordics is led by Jonas Olsen, Sales Director and Marcus Pousette, Business Development Manager, both of whom previously worked at smartclip. Olsen is responsible for advertising revenue across the Nordic region and has a wealth of video advertising experience, plus a large scale network of clients and agencies. Pousette joins the team with a strong knowledge of the Nordic publisher landscape and has extensive publisher account management experience. They are joined by Jonas S?derqvist as Sales Manager, who also has considerable knowledge of the digital video market having also worked at smartclip and Specific Media as Sales Director.
The YuMe Nordics team has already begun ramping up their advertising pipeline and has partnered with the gaming client Maria.com and their media agency Tre Kronor, Stockholm for their latest campaign. The advertising campaign ran online and they are the first client in the region to use YuMe’s Ngage ad format, which is an all-in-one interactive video ad unit that combines video, branding and multiple interactivity buttons all within the frames of a video player. The aim of the video campaign was to not only create user interaction, but to also prolong interaction time with the campaign.
Sara Wendle, Account Director, Tre Kronor, comments, “Video has a unique ability to tell a story because a lot of senses are affected and thus gives a better memory effect of the receiver. In comparison with conventional display advertising online, we see a considerable higher power of video advertising metrics such as brand awareness and brand favourability. We also see a great potential to add unique reach to existing TV campaigns.”
Wendle continues, “To get users to interact more and spend more time with the ad, we needed YuMe's creative templates and technology. They make it easy to deliver a memorable video combined with interactive layer that can be filled with direct offers.”
About YuMe
YuMe, Inc. is a leading provider of digital video brand advertising solutions. Its proprietary data-science driven technologies and large audience footprint drive inventory monetization and enable advertisers to reach targeted, brand receptive audiences across a wide range of Internet-connected devices. Designed to serve the specific needs of brand advertising, YuMe’s technology platform simplifies the complexities associated with delivering effective digital video advertising campaigns in today’s highly-fragmented market. YuMe (NYSE: YUME) is headquartered in Redwood City, CA with European headquarters in London and nine additional offices worldwide. For more information, visit YuMe.com/pr, follow @YuMeVideo and like YuMe on Facebook. Current YuMe logos can be found at www.yume.com/news/logos.
YuMe and Ngage are trademarks of YuMe. All other brands, products or service names are or may be trademarks or service marks of their respective owners.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20131105005210/en/
YuMe Inc.
Sarah Quinn, + 44 0-207-291-3871
PR Europe
squinn@yume.com
Tre Kronor Media is an award-winning Swedish media agency and wholly owned subsidiary of United Communications Partners Inc. (symbol: UCPA)
Drop a lot today.
YuMe Reports Second Quarter 2013 Financial Results
Business WirePress Release: YuMe, Inc. – 1 minute 33 seconds ago
Email
Print
RELATED CONTENT
RELATED QUOTES
Symbol Price Change
YUME 8.39 -0.04
REDWOOD CITY, Calif.--(BUSINESS WIRE)--
YuMe, Inc. (YUME), a leading provider of digital video brand advertising solutions, today announced its financial results for the second quarter ended June 30, 2013. Financial highlights include:
Revenue of $34.3 million, an increase of 36% from the second quarter of 2012 (Q2 2012);
Gross margin of 46%, unchanged from Q2 2012;
Adjusted EBITDA1 of $0.7 million, compared to $1.6 million in Q2 2012;
Net loss of $1.1 million, or a $0.23 net loss per share, compared to net income of $0.1 million, or $0.00 net income per share, in Q2 2012.
“We continue to see our focus on enabling TV brand advertisers to reach their audience with digital video drive strong quarterly results,” said Jayant Kadambi, chief executive officer of YuMe, Inc. “Our software and data sciences platform approach delivers improved brand results at scale across the fragmented, multi-screen world of professionally-produced digital video. We believe this positions us well to be the perfect digital complement to TV campaigns and to drive continued strong financial performance for our stockholders.”
Customer highlights for the quarter include:
301 advertising customers, an increase of 26% from 239 in Q2 2012;
Average revenue per advertising customer of $112,000, an increase of 7% year-over-year.
Customer highlights for the twelve month period ended June 30, 2013, include:
526 advertising customers, up 30% from 405 for the twelve month period ended June 30, 2012;
Average revenue per advertising customer of $247,000, up 14% from $217,000 for the twelve month period ended June 30, 2012.
Business Outlook:
Today, the Company is providing the following estimates for its key financial measures for the third quarter and full year 2013:
Q3 2013 FY 2013
Revenue $34.1 - $35.1 million $154.5 - $157.5 million
Adjusted EBITDA1
$ (2.5) - $ (1.5) million $3.0 - $6.0 million
Conference Call and Webcast Information:
Senior management will host a conference call today at 4:30 p.m. ET to discuss the Company’s results and outlook. The event can be accessed by dialing (877) 941-1427 or (480) 629-9664 (conference ID: 4637043). A replay will be available through Wednesday, September 4 at (800) 406-7325 or (303) 590-3030 (conference ID: 4637043). The live and archived Webcast of the conference call will also be available at http://investors.yume.com.
1 Adjusted EBITDA is a non-GAAP financial measure that we calculate as net income (loss), adjusted to exclude income tax (expense) benefit, interest, depreciation and amortization, and stock-based compensation. We believe that adjusted EBITDA provides useful information to investors in understanding and evaluating our operating results in the same manner as management and the board of directors. This non-GAAP information is not necessarily comparable to non-GAAP information of other companies. Non-GAAP information should not be viewed as a substitute for, or superior to, net income (loss) prepared in accordance with GAAP as a measure of our profitability or liquidity. Users of this financial information should consider the types of events and transactions for which adjustments have been made.
About YuMe
YuMe, Inc. is a leading provider of digital video brand advertising solutions. Its proprietary data-science driven technologies and large audience footprint drive inventory monetization and enable advertisers to reach targeted, brand receptive audiences across a wide range of Internet-connected devices. Designed to serve the specific needs of brand advertising, YuMe’s technology platform simplifies the complexities associated with delivering effective digital video advertising campaigns in today’s highly-fragmented market. YuMe is headquartered in Redwood City, CA with European headquarters in London and nine additional offices worldwide. For more information, visit YuMe.com/pr, follow @YuMeVideo and like YuMe on Facebook. Current YuMe logos can be found at www.yume.com/news/logos.
YuMe is a trademark of YuMe. All other brands, products or service names are or may be trademarks or service marks of their respective owners.
Forward-Looking Statements
This press release contains forward-looking statements, including those in management quotations and under the caption “Business Outlook”. In some cases, you can identify forward-looking statements by the words "may," "will," "expect," "intend," "plan," "objective," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue" and "ongoing," or the negative of these terms, or other comparable terminology intended to identify statements about the future. All statements other than statements of historical fact are statements that could be forward-looking statements, including, but not limited to, statements about our growth strategy; our operating results, including revenue, gross margin, net loss and adjusted EBITDA; and market trends, including overall opportunities for digital media advertising and shifting advertising budgets. These forward-looking statements are subject to risks, uncertainties, assumptions and other factors that could cause actual results and the timing of events to differ materially from future results expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include our history of net losses and limited operating history, which make it difficult to evaluate our prospects, our fluctuating quarterly operating results, and our dependence on a limited number of customers in a highly competitive industry. These and other risk factors are discussed under “Risk Factors” in our Prospectus filed with the U.S. Securities and Exchange Commission (the “SEC”) related to our initial public offering of common stock, and in our future filings and reports with the SEC, including our Form 10-Q for the quarter ended June 30, 2013. The forward-looking statements in this press release are based on information available to YuMe as of the date hereof, and YuMe assumes no obligation to update any forward-looking statements.
Non-GAAP Financial Measures
To supplement our consolidated financial statements, which are prepared and presented in accordance with U.S. generally accepted accounting principles (“GAAP”), we report adjusted EBITDA, which is a non-GAAP financial measure. Adjusted EBITDA is a non-GAAP financial measure that we calculate as net income (loss), adjusted to exclude income tax (expense) benefit, interest, depreciation and amortization, and stock-based compensation. We believe that adjusted EBITDA provides useful information to investors in understanding and evaluating our operating results in the same manner as management and the board of directors. This non-GAAP information is not necessarily comparable to non-GAAP information of other companies. Non-GAAP information should not be viewed as a substitute for, or superior to, net income (loss) prepared in accordance with GAAP as a measure of our profitability or liquidity. Users of this financial information should consider the types of events and transactions for which adjustments have been made.
We have included adjusted EBITDA in this release because it is a key measure used by us and the board of directors to understand and evaluate our core operating performance and trends, to prepare and approve our annual budget and to develop short- and long-term operational plans. In particular, the exclusion of certain expenses in calculating adjusted EBITDA can provide a useful measure for period-to-period comparisons of our core business. Accordingly, we believe that adjusted EBITDA provides useful information in understanding and evaluating our operating results in the same manner as our management and board of directors.
The non-GAAP financial measures included in this press release have been reconciled to the closest corresponding GAAP measure in the table following the financial statements attached to this press release. With respect to expectations under “Business Outlook” section above, reconciliation of adjusted EBITDA guidance to the closest corresponding GAAP measure is not accurately quantifiable on a forward-looking basis due to the high variability, complexity and low visibility with respect to charges excluded from these non-GAAP measures. In particular, the measures and effects of stock-based compensation expense specific to equity compensation awards are directly impacted by unpredictable fluctuations in our stock price. We expect the variability of the above charges to have a significant, and unpredictable impact on our future GAAP financial results.
YuMe, Inc.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)
(Unaudited)
December 31,
2012
June 30,
2013
Pro Forma
June 30,
2013(1)
Assets
Current assets:
Cash and cash equivalents $ 27,909 $ 24,153 $ 67,050
Accounts receivable, net 48,067 42,557 42,557
Prepaid expenses and other current assets 1,355 1,889 1,889
Total current assets 77,331 68,599 114,496
Property, equipment and software, net 5,551 5,806 5,806
Goodwill 3,902 3,902 3,902
Intangible assets, net 2,847 2,440 2,440
Restricted cash 292 292 292
Deposits and other assets 691 2,166 405
Total assets $ 90,614 $ 83,205 $ 124,341
Liabilities, convertible preferred stock, and stockholders’ deficit
Current liabilities:
Accounts payable $ 6,893 $ 4,341 $ 4,341
Accrued publisher costs 12,475 10,282 10,282
Accrued liabilities 7,219 8,029 8,029
Deferred revenue, current 528 225 225
Notes payable, current 185 62 62
Capital leases, current 631 610 610
Total current liabilities 27,931 23,549 23,549
Capital leases, noncurrent 380 92 92
Other liabilities 178 165 165
Deferred tax liability 962 877 877
Warrant liability 301 461 -
Total liabilities 29,752 25,144 24,683
Convertible preferred stock 76,191 76,191 -
Stockholders’ deficit:
Common stock 29 29 136
Additional paid-in-capital 6,758 8,323 125,968
Accumulated other comprehensive loss (118 ) (53 ) (53 )
Accumulated deficit (21,998 ) (26,429 ) (26,393 )
Total stockholders’ deficit (15,329 ) (18,130 ) 99,658
Total liabilities, convertible preferred stock, and stockholders’ deficit $ 90,614 $ 83,205 $ 124,341
(1) On August 12, 2013, the Company closed its initial public offering (“IPO”) of common stock in which it sold 5,125,000 shares of common stock and received $40.3 million of net proceeds after deducting underwriting discount, commissions and offering costs of approximately $5.8 million. Upon the closing of the IPO, all of the Company's outstanding convertible preferred stock (“preferred stock”) automatically converted into 21,840,537 shares of common stock. In addition, the outstanding warrants to purchase preferred stock automatically converted into warrants to purchase 53,983 shares of common stock, and the warrants to purchase preferred stock liability of $0.5 million, which includes a $0.04 million adjustment for the change in fair value through August 12, 2013, was reclassified to additional paid-in capital. The pro forma stockholders’ equity, as set forth on the pro forma June 30, 2013 condensed consolidated balance sheet, has been adjusted to reflect: (i) conversion of the Company’s convertible preferred stock, (ii) conversion of the Company’s warrants to purchase convertible preferred stock into warrants to purchase common stock, and the reclassification of such warrants from preferred stock liability to additional paid-in capital, (iii) the sale and issuance of 5,125,000 shares of common stock, and (iv) the receipt of net proceeds upon the closing of the IPO.
The Company believes that the pro forma condensed consolidated balance sheet provides material information to investors, as the conversion of the Company’s preferred stock to common stock, conversion of the warrants to purchase convertible preferred stock to common stock warrants and the closing of the IPO occurred on August 12, 2013, and therefore the disclosure of the pro forma condensed consolidated balance sheet provides measures of equity that are comparable to what will be reported by YuMe in its condensed consolidated financial statements for the periods subsequent to and including August 12, 2013.
YuMe, Inc.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except share and per share data)
(Unaudited)
Three Months Ended
June 30,
Six Months Ended
June 30,
2013 2012 2013 2012
Revenue $ 34,320 $ 25,196 $ 60,932 $ 45,265
Cost of revenue (1) 18,658 13,652 33,211 25,141
Gross profit 15,662 11,544 27,721 20,124
Operating expenses:
Sales and marketing (1) 10,893 7,958 21,110 15,060
Research and development (1) 917 523 1,917 1,175
General and administrative (1) 4,730 2,747 8,668 5,096
Total operating expenses 16,540 11,228 31,695 21,331
Income (loss) from operations (878 ) 316 (3,974 ) (1,207 )
Interest and other expense
Interest expense (13 ) (31 ) (32 ) (65 )
Other expense, net (134 ) (8 ) (326 ) (8 )
Total interest and other expense (147 ) (39 ) (358 ) (73 )
Income (loss) before income taxes (1,025 ) 277 (4,332 ) (1,280 )
Income tax expense (68 ) (150 ) (99 ) (85 )
Net income (loss) $ (1,093 ) $ 127 $ (4,431 ) $ (1,365 )
Net income (loss) attributable to common shareholders $ (1,093 ) $ – $ (4,431 ) $ (1,365 )
Net income (loss) per share attributable to common stockholders:
Basic $ (0.23 ) $ 0.00 $ (0.92 ) $ (0.29 )
Diluted $ (0.23 ) $ 0.00 $ (0.92 ) $ (0.29 )
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders:
Basic 4,854 4,749 4,841 4,638
Diluted 4,854 5,579 4,841 4,638
(1) Stock-based compensation included above:
Three Months Ended June 30,
Six Months Ended June 30,
2013 2012 2013 2012
Cost of revenue $ 31 $ 48 $ 61 $ 73
Sales and marketing 342 400 683 694
Research and development 67 22 137 39
General and administrative 251 125 455 218
Total employee stock-based compensation $ 691 $ 595 $ 1,336 $ 1,024
YuMe, Inc.
RECONCILIATION OF NON-GAAP FINANCIAL INFORMATION
(In thousands)
(Unaudited)
Three Months Ended
June 30,
Six Months Ended
June 30,
2013 $ 2012 2013 2012
Net income (loss) $ (1,093 ) 127 $ (4,431 ) $ (1,365 )
Adjustments:
Interest expense 13 31 32 65
Income tax expense 68 150 99 85
Depreciation and amortization expense 1,024 693 2,050 1,327
Stock-based compensation expense 691 595 1,336 1,024
Total adjustments 1,796 1,469 3,517 2,501
Adjusted EBITDA $ 703 $ 1,596 $ (914 ) $ 1,136
YuMe, Inc.
PRO FORMA NET LOSS AND NET LOSS PER SHARE
(In thousands, except share and per share data)
(Unaudited)
Three months
Ended June 30,
2013(1)
Net loss $ (1,093 )
Adjustments:
Mark-to-market income 36
Total net adjustments 36
Pro forma net loss attributable to common stockholders $ (1,057 )
Pro forma net loss per share attributable to common stockholders:
Basic and diluted $ (0.03 )
Pro forma weighted average number of shares of common stock outstanding:
Basic and diluted 31,874
(1) The pro forma net loss attributable to common stockholders and pro forma net loss per share attributable to common stockholders for the three months ended June 30, 2013 has been adjusted to reflect, as of April 1, 2013: (i) the completion of the Company’s IPO, (ii) conversion of all outstanding shares of the Company’s convertible preferred stock into an aggregate of 21,840,537 shares of common stock, and (iii) conversion of the Company’s warrants to purchase preferred stock into warrants to purchase 53,983 shares of common stock. Pro forma net loss attributable to common stockholders and pro forma net loss per share attributable to common stockholders in the table above includes a $0.04 million adjustment for the change in fair value through August 12, 2013 upon conversion of the warrants to purchase preferred stock to warrants into purchase common stock.
The Company believes that the pro forma net loss attributable to common stockholders and pro forma net loss per share attributable to common stockholders provides material information to investors, as the conversion of its preferred stock to common stock, conversion of the warrants to purchase preferred stock to common stock warrants and the closing of the IPO occurred on August 12, 2013, and therefore the disclosure of the pro forma net loss attributable to common stockholders and pro forma net loss per share attributable to common stockholders provides measures of net loss and net loss per share that are comparable to what will be reported by the Company in its condensed consolidated financial statements for the periods subsequent to and including August 12, 2013.
Contact:
Investor Relations
YuMe, Inc.
Gary J. Fuges, CFA, 650-503-7875
ir@yume.com
http://finance.yahoo.com/news/yume-reports-second-quarter-2013-200500293.html
YUME dip again..will back over 9 again tomorrow.?
$YUME on bounce radar
YuMe Celebrates Initial Public Offering and First Day of Trading on the New York Stock Exchange
YUME INC (NYSE:YUME)
Today : Wednesday 7 August 2013
Redwood City, Calif.-based YuMe, a leading provider of digital video brand advertising solutions, opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol “YUME” after its initial public offering. Barclays is the Designated Market Maker (DMM) for the company’s stock. Jayant Kadambi, Co-Founder & CEO, joined by members of the company’s management team, celebrated the company’s first day of trading by visiting the NYSE trading floor for the stock opening and by ringing The Opening Bell®.
“We are delighted to welcome YuMe to our network of innovative companies,” said Scott Cutler, Executive Vice President, Head of Global Listings, NYSE Euronext. “We congratulate YuMe on the completion of its IPO and look forward to a long-standing partnership with the company and its shareholders.”
"As consumers’ media consumption continues to fragment across screens, YuMe solves the digital video challenges of brand advertisers by making it easier for advertisers to discover receptive audiences in attentive situations, like never before,” said Jayant Kadambi, Co-Founder & CEO of YuMe. “What better place to share our story with the world, than on the biggest stage in business, the NYSE.”
For more information on NYSE Euronext’s listings business and to learn about trends in the IPO market, please visit the NYSE Euronext IPO Center.
About YuMe
YuMe is a leading provider of digital video brand advertising solutions. Its proprietary data-science driven technologies and large audience footprint drive inventory monetization and enable advertisers to reach targeted, brand receptive audiences across a wide range of Internet-connected devices. Designed to serve the specific needs of brand advertising, YuMe’s technology platform simplifies the complexities associated with delivering effective digital video advertising campaigns in today’s highly-fragmented market. YuMe (NYSE: YUME) is headquartered in Redwood City, CA with European headquarters in London and nine additional offices worldwide. The company is backed by Accel Partners, BV Capital, DAG Ventures, Intel Capital, Khosla Ventures, Menlo Ventures, Samsung Ventures, Translink Capital and WestSummit Capital. For more information, visit YuMe.com/pr, follow @YuMeVideo and like YuMe on Facebook. Current YuMe logos can be found at www.yume.com/news/logos.
YuMe is a trademark of YuMe. All other brands, products or service names are or may be trademarks or service marks of their respective owners.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca - represent one-third of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index. For more information, please visit: http://www.nyx.com.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130807005920/en/
NYSE Euronext Global Communications & Marketing
Annmarie Gioia, 212-656-5437
agioia@nyx.com
or
Waggener Edstrom (for YuMe, Inc)
Jordan Byrnes, 415-547-7049
jbyrnes@waggeneredstrom.com
YuMe Prices Initial Public Offering
Today : Wednesday 7 August 2013
YuMe, Inc. (NYSE: YUME), a leading provider of digital video brand advertising solutions, today announced the pricing of its initial public offering of 5,125,000 shares of common stock at a price to the public of $9.00 per share. The shares are expected to begin trading on The New York Stock Exchange on August 7, 2013 under the symbol “YUME.” YuMe is selling all 5,125,000 shares being sold in the offering. The underwriters have been granted a 30-day option to purchase up to an additional 768,750 shares of common stock from certain selling stockholders at the initial public offering price.
Citigroup, Deutsche Bank Securities and Barclays are acting as joint book-running managers for the offering. Needham & Company and Piper Jaffray are acting as co-managers.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on August 6, 2013. This offering is being made solely by means of a prospectus, copies of which may be obtained by mail from Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at 1-800-831-9146; or by mail from Deutsche Bank Securities Inc., attn: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, by email at prospectus.CPDG@db.com, or by telephone at (800) 503-4611; or by mail from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by email at barclaysprospectus@broadridge.com, or by telephone at (888)-603-5847.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Waggener Edstrom
Jordan Byrnes, 415-547-7049
jbyrnes@waggeneredstrom.com
or
YuMe
Gary Fuges, 650-503-7875
gfuges@yume.com
Followers
|
4
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
35
|
Created
|
08/07/13
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |