Synacor (SYNC) Cuts IPO Range from $10-$12 to $5-$6/Share
Down)
Synacor (Nasdaq: SYNC) filed an amended registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. Synacor plans to sell 6,818,170 shares and sees an IPO price of $5-6 per share, down rather sharply from a previously-expected range of $10-$12 per share. Synacor plans to list on the Nasdaq Global Market under the ticker "SYNC."
The offering is being made through BofA Merrill Lynch, Citigroup, Stifel Nicolaus Weisel, BMO Capital Markets, Needham & Company, LLC, and Oppenheimer & Co.
Synacor is a provider of authentication and aggregation solutions for delivery of online content and services.
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The offering is being made through BofA Merrill Lynch, Citigroup, Stifel Nicolaus Weisel, BMO Capital Markets, Needham & Company, LLC, and Oppenheimer & Co.
Synacor is a provider of authentication and aggregation solutions for delivery of online content and services.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
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