Ooma (OOMA) IPO Opens Down 7%

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Ooma Announces Pricing of Initial Public Offering

July 16, 2015 8:00 PM EDT

PALO ALTO, Calif., July 16, 2015 /PRNewswire/ -- Ooma, Inc. (NYSE: OOMA), a leading small business and home communications platform, today announced that it has priced its initial public offering of 5,000,000 shares of its common stock at a price to the public of $13.00 per share.  All of the shares are being offered by Ooma.  The shares are expected to begin trading on The New York Stock Exchange on July 17, 2015 under the ticker symbol "OOMA."  The closing of the offering is expected to occur on July 22, 2015, subject to... More