Jive Software (JIVE) IPO Prices at $12, Above Expected Range
Tweet
Share
E-mailGet Alerts JIVE Hot Sheet
Join SI Premium – FREE
Jive Software, Inc. (Nasdaq: JIVE) priced its 13,439,600 share IPO at $12, which was well above the expected range of $8-$10. The offering size was increased from 11,700,470 shares. Shares are expected to open on the NASDAQ at approximately 11:00AM ET.
Morgan Stanley & Co. LLC and Goldman, Sachs & Co. are acting as lead book-running managers for the offering, and Citigroup Global Markets Inc. and UBS Securities LLC are acting as joint book-running managers for the offering. BMO Capital Markets Corp. and Wells Fargo Securities, LLC are acting as co-managers.
Jive Software provides a a social business software platform that seeks to improve business results by enabling a more productive and effective workforce through enhanced communication and collaboration both inside and outside the enterprise.
Morgan Stanley & Co. LLC and Goldman, Sachs & Co. are acting as lead book-running managers for the offering, and Citigroup Global Markets Inc. and UBS Securities LLC are acting as joint book-running managers for the offering. BMO Capital Markets Corp. and Wells Fargo Securities, LLC are acting as co-managers.
Jive Software provides a a social business software platform that seeks to improve business results by enabling a more productive and effective workforce through enhanced communication and collaboration both inside and outside the enterprise.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- SpaceX prices IPO at $135 per share for June 12 Nasdaq debut
- Bending Spoons Files For US IPO
- SpaceX IPO over four times oversubscribed - Bloomberg
Create E-mail Alert Related Categories
Hot IPOs, IPOs, Trader TalkRelated Entities
UBS, Citi, Morgan Stanley, BMO Capital, Wells FargoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
