XTera To Sell Up To 5.5 Million Shares At $9-$11 a Piece
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.
Copyright © 2015 MarketWatch, Inc.