Credit: Shutterstock photoCardlytics, which provides a banking-based advertising channel to consumer products marketers, raised $70 million by offering 5.4 million shares at $13, the low end of the range of $13 to $15. Cardlytics plans to list on the Nasdaq under the symbol CDLX. BofA Merrill Lynch, J.P. Morgan, Wells Fargo Securities and SunTrust Robinson Humphrey acted as lead managers on the deal.
The article Cardlytics, a native banking advertising channel, prices IPO at $13 low end originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
