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Tuesday, 09/17/2013 3:11:10 PM

Tuesday, September 17, 2013 3:11:10 PM

Post# of 396
FireEye increases range to $15 to $17, proposed IPO deal size now $224 million

9/17/13
FireEye, which provides virtual machine-based IT security software to enterprises and governments, raised the proposed deal size for its upcoming IPO on Tuesday. The Milpitas, CA-based company now plans to raise $224 million by offering 14.0 million shares at a price range of $15 to $17. The company had previously filed to offer 14.0 million shares at a range of $12 to $14. At the midpoint of the revised range, FireEye would raise 23% greater proceeds than previously anticipated.

FireEye, which was founded in 2004 and booked $115 million in sales for the 12 months ended June 30, 2013, plans to list on the NASDAQ under the symbol FEYE. FireEye initially filed confidentially on May 14, 2013. Morgan Stanley, Goldman Sachs, J.P. Morgan, Barclays, BofA Merrill Lynch and UBS Investment Bank are the joint bookrunners on the deal. It is expected to price during the week of September 16, 2013.
http://www.renaissancecapital.com/ipohome/news/FireEye-increases-range-to-$15-to-$17-proposed-IPO-deal-size-now-$224-milli-15918.html