Yelp (YELP) Sees IPO Price of $12-$14/Share, to List on NYSE

February 16, 2012 5:18 PM EST Send to a Friend
Get Alerts YELP Hot Sheet
Trade YELP Now!
In an amended S-1 filing with the SEC after the close Thursday, Yelp (NYSE: YELP) disclosed it expects to price 7.15 million shares of common stock for its initial public offering at $12-$14 per share. The company will list on the New York Stock Exchange under the ticker "YELP."

The offering is being made through Goldman, Sachs & Co., Citigroup, Jefferies, Allen & Company LLC, and Oppenheimer & Co.

In the first nine months of 2011, the company generated $58.4 million in net revenue, representing 80% growth over the first nine months of 2010. In this same period, we generated a net loss of $7.6 million and an adjusted EBITDA loss of $1.1 million.

Yelp is a company that connects people with local businesses.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

Hot IPOs, IPOs

Related Entities

Citi, Jefferies & Co, S1

Comments

Not even the market cap of YELP based on that pricing ?
Julien on Feb 16, 2012 06:33 PM
Mark as Spam | Reply to this comment

Just do your job...


Add Your Comment