Imprivata Announces $92M IPO

Secure access management software vendor Imprivata plans to sell 5.75 million shares at $16 each during its upcoming initial public offering for an aggregate offering price of about $92 million.

Imprivata recorded $76 million in sales during the year ended March 31, 2014, according to NASDAQ. The IPO is expected to give the company a diluted market value of about $387 million.

More Articles on IPOs:

21st Century Oncology Launches IPO
10 Things To Know About Castlight Health's IPO
IMS Health's $1.3B IPO Shows Investors Recognize Value of Big Data

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months