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