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Callidus Software, Inc. (CALD) Prices 5.1M Common Stock Follow-on at $18.25/Share

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CallidusCloud Announces Pricing of Follow-On Offering

September 15, 2016 8:33 PM EDT

DUBLIN, CA -- (Marketwired) -- 09/15/16 -- Callidus Software Inc. (NASDAQ: CALD), doing business as CallidusCloud, a global leader in cloud-based sales, marketing, learning and customer experience solutions, today announced the pricing of its underwritten registered public offering of 5,100,000 shares of its common stock at a price to the public of $18.25 per share. CallidusCloud granted to the underwriters an option to purchase up to an additional 765,000 shares of its common stock.

Closing of the offering is expected to occur on September 21, 2016, subject to customary closing conditions.

CallidusCloud intends to use the net... More