Credit: Shutterstock photoMarin Software, which provides a cloud-based digital ad management platform, announced terms for its IPO on Monday. The San Francisco, CA-based company plans to raise $84 million by offering 7 million shares at a price range of $11 to $13. At the midpoint of the proposed range, Marin Software would command a fully diluted market value of $399 million. Marin Software, which was founded in 2006 and booked $60 million in sales for the 12 months ended 12/31/2012, plans to list on the NYSE under the symbol MRIN. Goldman Sachs and Deutsche Bank are the joint bookrunners on the deal.
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.
