Boingo Wireless (WIFI) IPO Prices at $13.50, Near Top End of Range
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Boingo Wireless, Inc. (Nasdaq: WIFI) priced ts initial public offering of 5,770,000 shares of its common stock at a price to the public of $13.50 per share, near the top end of the expected $12-$14 range. Shares will open later today on the NASDAQ under the symbol "WIFI."
Credit Suisse and Deutsche Bank Securities are acting as joint book-running managers of the offering.
Boingo Wireless operates a global network of Wi-Fi hotspots, and primarily derives revenues from monthly subscription fees.
Credit Suisse and Deutsche Bank Securities are acting as joint book-running managers of the offering.
Boingo Wireless operates a global network of Wi-Fi hotspots, and primarily derives revenues from monthly subscription fees.
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