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BlackLine (BL) Prices 8.6M Common Stock IPO at $17/Share, Above Expected Range

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BlackLine Announces Pricing of Initial Public Offering

October 27, 2016 8:59 PM EDT

LOS ANGELES, Oct. 27, 2016 /PRNewswire/ -- BlackLine, Inc., a leading provider of financial controls and automation solutions that enable Continuous Accounting, today announced the pricing of its initial public offering of 8,600,000 shares of its common stock at a price to the public of $17.00 per share. The shares are expected to begin trading on the NASDAQ Global Select Market on October 28, 2016 under the ticker symbol "BL."  BlackLine has granted the underwriters a 30-day option to purchase... More