“VA Linux Research today announced more details to it
pending IPO. VA applied to become a public company back in October
of this year.“
“The company will be offering 4.4 million of its common shares
with 39.7 outstanding shares. The company expects to price the
shares between $11 to $13. The company is planning to raise $65.8
million.”
“However, at today’s market prices, the company’s market
capitalization can easily exceed $476.4 million on first day of
trade.”
Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.
LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.
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