Mimecast Limited Announces Pricing of Initial Public Offering

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Mimecast Limited (MIME) IPO Opens Higher, Trends Lower

November 19, 2015 3:38 PM EST

Today's IPO for (NASDAQ: MIME) opened for trading earlier at $11 after pricing 7,750,000 ordinary shares at a price to the public of $10 per share, the low end of the expected $10-$12 range. However it has been all downhills since with the stock last trading at $9.95,... More

Mimecast Limited (MIME) Prices IPO at $10/Share, at Low-End of Expected Range

November 19, 2015 6:46 AM EST

Mimecast Limited (Nasdaq: MIME) announced the pricing of its initial public offering of 7,750,000 ordinary shares at a price to the public of $10 per share. All of the shares are being offered by Mimecast. In addition, Mimecast has granted the underwriters a 30-day option to... More