XTera To Sell Up To 5.5 Million Shares At $9-$11 a Piece

By MarketWatch Pulse

Network infrastructure provider XTera Communications Inc. will offer 5.5 million shares in its initial public offering, expecting the shares to price between $9 and $11 a piece, according to a filing Monday setting the terms of the previously announced IPO. The company will trade on the Nasdaq under the symbol XCOM. BMO Capital Markets, Cowen & Co. Needham & Co. are among the underwriters.

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