follow us:Google+ FacebookLinkedInTwitterRSS Feeds

advertisement

Amber Road announces public offering

By

Back to Top Comments Email Print

Latest News

advertisement

East Rutherford-based Amber Road Inc., a global trade management company, announced Thursday it has priced its public offering of 7.39 million shares of common stock at $13.00 per share.

According to the announcement, of the shares in the offering, 4.7 million are being offered by the Amber Road and 2.6 million are being offered by selling stockholders. The company has granted the underwrites a 30-day option to purchase up to 1.1 million shares to cover any potential over-allotments, if any.  The offering is expected to close on March 26.

The company will not receive any proceeds from the shares.  Stifel is acting as the sole bookrunning manager for the offering.  Pacific Crest Securities is serving as co-lead manager, and Canaccord Genuity, Needham & Company and Raymond James & Associates are serving as co-managers, the company said in a statement.

ALSO ON NJBIZ:

Two New Jersey companies on the list of world's most ethical companies

Christie gets bridge scandal question at Flemington town hall

Real Estate Report: CPA firm SaxBST, looking to give back, is raising funds with fun run

Share This Story On:
Emily Bader

Emily Bader

Emily Bader is the copy and web editor at NJBIZ. She is a Brielle, N.J. native and a Rutgers University alum. You can contact her at emilyb@njbiz.com or @emilybader on Twitter.

advertisement

Comments


Be the first to comment.



Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
     View Comment Policy

Advanced search
Sponsored by
advertisement
  
  
advertisement
  
  
advertisement
Back to Top