Avast Software (AVST) Sees IPO Price of $9-$11
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According to an amended F-1 filing after the close Thursday, Avast Software N.V. (Nasdaq: AVST) disclosed it is looking to sell 9 million shares of common stock at an initial public offering price in the range of $9 to $11 per share. The company plans to list on the NASDAQ under the symbol "AVST."
The offering is being made through UBS, Deutsche Bank, Jefferies, Pacific Crest and Macquarie.
Avast is a global provider of security software delivered through a free-to-premium, or "freemium," model. The company's software is currently the world's most widely-used consumer security software, with over 159 million actively protected devices as of June 30, 2012 in almost every country in the world.
The offering is being made through UBS, Deutsche Bank, Jefferies, Pacific Crest and Macquarie.
Avast is a global provider of security software delivered through a free-to-premium, or "freemium," model. The company's software is currently the world's most widely-used consumer security software, with over 159 million actively protected devices as of June 30, 2012 in almost every country in the world.
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