z*******n 发帖数: 1034 | 1 January 22, 2015 4:14 PM
Jordan Novet
Cloud file sharing company Box is finally at that point — it’s going
public. Today, Box reportedly set the price for its IPO at $14 a share. That
’s above the $11-$13 range it set earlier this month.
Reuters reported the $14 share figure, citing an underwriter. Renaissance
Capital, an exchange-traded fund for IPOs, reported the same numbers later
on in the day.
Today’s pricing, nearly 10 years after the company started, indicates Box
has raised $175 million in the IPO before it starts trading tomorrow on the
New York Stock Exchange under the symbol BOX. Box first filed to go public
last year. The valuation stands at $1.67 billion, given 119,473,689
outstanding shares after the IPO, according to the latest available
regulatory filing.
Box has been hard at work preparing for the IPO in the past couple of years,
honing in on specific industries, making efforts to woo developers, and
filling out its board, among other efforts.
Box investors include U.S. Venture Partners, Scale Venture Partners, TPG
Growth, and General Atlantic, among others. Midway through 2014, Box took on
a $150 million funding round, allowing the company to stay private a bit
longer.
A Box spokeswoman declined to comment, providing this statement:
We’re incredibly excited for the coming year and the next phase of Box’s
growth. As always, our goal is to deliver amazing technology that transforms
the way individuals and businesses work. |
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