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m177

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m177

Re: iconoclassic post# 346646

Thursday, 06/13/2013 7:53:47 AM

Thursday, June 13, 2013 7:53:47 AM

Post# of 376163
GIMO: float looks to be 6.75 million indeed

Wednesday’s IPO is for 6,750,000 shares of common stock with a price of $19.00 per share. We had been given a price range of $18 to $20 per share, so this was right in the middle. Gigamon is offering 4,500,000 shares and certain selling stockholders are offering 2,250,000 shares.

As usual, Gigamon will not receive any of the proceeds from the sale of the shares being sold by the selling stockholders.



Read more: Gigamon IPO Debuts with Strength, Muted Pricing - 24/7 Wall St. http://247wallst.com/2013/06/12/gigamon-ipo-debuts-with-strength-muted-pricing/#ixzz2W61ZDI8B
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