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Apptio (APTI) Prices 6M Common Stock IPO at $16/Share, Above Expected Range

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Apptio, Inc. Announces Pricing Of Initial Public Offering

September 22, 2016 8:30 PM EDT

BELLEVUE, Wash., Sept. 22, 2016 /PRNewswire/ -- Apptio, Inc. (NASDAQ: APTI), the leading provider of cloud-based Technology Business Management (TBM) software, today announced the pricing of its initial public offering of 6,000,000 shares of Class A common stock at a price to the public of $16.00 per share. In addition, Apptio has granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of Class A common stock at the initial public offering price. Apptio's Class A common stock is expected to begin trading on the NASDAQ... More