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The Rubicon Project Inc. announces IPO pricing

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(Credit: Reuters) The image shows traders at the New York Stock Exchange.NYSE
April 2
4:21 PM 2014

Today, The Rubicon Project Inc. announced pricing 6,770,995 shares for its initial public offering. The IPO price was listed at USD15 per share piece on the New York Stock Exchange under the ticker symbol RUBI.

Rubicon Project offered 1,354,199 shares of common stock from its listed stockholders. The company will not get any funds from the sale of its stockholders common stock. Furthermore, Rubicon has allowed 30 day option to acquire 1,015,649 additional shares of common stock to cover any over allotments.

The shares had been expected to go public on the NYSE on April 2, 2014 and would close by April 7, subjected to customary closing conditions requirements. The appointed book running managers for the IPO include Goldman Sachs & Co, RBC Capital Markets LLC and Morgan Stanley & Co. The co-manager for the IPO included LUMA Securities LLC, Needham & Company LLC and Oppenheimer & Co. Inc. The offer for the IPO has been made only by means of prospectus.

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