BlackLine (BL) IPO Opens at $24.52

October 28, 2016 11:09 AM EDT

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BlackLine's (Nasdaq: BL) 8.6 million share IPO opened at $24.52 after pricing at $17 per share.

Goldman, Sachs & Co. and J.P. Morgan are acting as joint book-running managers and Pacific CrestSecurities, a division of KeyBanc Capital Markets, Raymond James, William Blair and Baird are acting as co-managers for the offering.

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