Ancestry.com (ACOM) IPO Trades Higher
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- Ancestry.com (ACOM) IPO Trades Higher
- Ancestry.com Inc. (ACOM) President and Chief Executive Officer to Ring The NASDAQ Stock Market Opening Bell
- Ancestry.com (ACOM) IPO Prices at $13.50, Middle of Range
- Ancestry.com Inc. Prices Initial Public Offering at $13.50 Per Share
The IPO for Ancestry.com Inc. (Nasdaq: ACOM) is open for trading. Shares are trading at $15.40, after pricing 7,407,407 shares at $13.50 per share, the middle of the expected $12.50-$14.50 range.
A total of 4,074,074 shares are being offered by Ancestry.com, and a total of 3,333,333 shares are being offered by selling stockholders.
The offering was led by Morgan Stanley and BofA Merrill Lynch. Jefferies and Company, Piper Jaffray, and BMO Capital Markets served as co-managers.
Ancestry.com is an online resource for family history and has digitized and put online over 4 billion records over the past twelve years. Ancestry users have created over twelve million family trees containing over 1.25 billion profiles.
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