AVG Technologies N.V. (AVG) IPO Prices at $16, Low End of Range
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AVG Technologies N.V. (NYSE: AVG) priced its initial public offering of 8.0 million ordinary shares at a price to the public of $16.00 per share, the low end of the expected $16.00-$18.00 range. The shares will begin trading on the NYSE later today under the ticker symbol "AVG."
The bookrunning managers of the offering are Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and Goldman, Sachs & Co. Co-managers of the offering are Allen & Company LLC, Cowen and Company, LLC and JMP Securities LLC.
AVG's mission is to simplify, optimize and secure the Internet experience, providing peace of mind to a connected world. AVG's powerful yet easy-to-use software and online services put users in control of their Internet experience.
The bookrunning managers of the offering are Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and Goldman, Sachs & Co. Co-managers of the offering are Allen & Company LLC, Cowen and Company, LLC and JMP Securities LLC.
AVG's mission is to simplify, optimize and secure the Internet experience, providing peace of mind to a connected world. AVG's powerful yet easy-to-use software and online services put users in control of their Internet experience.
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