Remove Capital Remove Pricing Remove ReachLocal Remove Southern California
article thumbnail

Demand Media Prices IPO, Begins Trading Today

socalTECH

Santa Monica-based Demand Media said late Tuesday evening that it has priced its IPO, as well as increased its IPO offering size, and will sell 8,900,000 shares of its common stock at $17.00 Stifel, Nicolaus & Company, Incorporated, RBC Capital Markets Corporation, Pacific Crest Securities LLC, Raine Securities and JMP Securities LLC.

Demand 162
article thumbnail

Cornerstone OnDemand Jumps In IPO Debut

socalTECH

The firm was trading around $19.60, or 50 percent above its debut price in morning trading. The firm priced last night at $13.00, well above its initial $9 to $11 estimated initial pricing range. Cornerstone OnDemand was venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. READ MORE>>.

article thumbnail

And Then There Were Three: RealD Hits Markets Today

socalTECH

With the IPO of Los Angeles-based RealD , which starts trading this morning on the NYSE as RLD, Southern California now has three successful IPOs on record. RealD said last night that it had priced its IPO at $16.00, and is selling 12.5M shares of its common stock.