SciQuest (SQI) IPO Jumps Higher After Weak Pricing
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The IPO for SciQuest, Inc. (Nasdaq: SQI) is open for trading. Shares are trading at $11.88 after pricing 6,000,000 shares IPO at $9.50 per share, the low end of the expected $9.50-$11.50 range.
Underwriters for the IPO include Stifel Nicolaus Weisel as book-running lead manager, and William Blair & Company, JMP Securities and Pacific Crest Securities as co-managers.
SciQuest is a provider of on-demand strategic procurement and supplier enablement solution that integrates customers with their suppliers to improve procurement of indirect goods and services.
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Underwriters for the IPO include Stifel Nicolaus Weisel as book-running lead manager, and William Blair & Company, JMP Securities and Pacific Crest Securities as co-managers.
SciQuest is a provider of on-demand strategic procurement and supplier enablement solution that integrates customers with their suppliers to improve procurement of indirect goods and services.
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Stifel Nicolaus, William Blair, JMP Securities, Pacific Crest Securities
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