E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/28/2012 in the Prospect News PIPE Daily.

Vocera Communications prices $80 million IPO of stock at $16.00

Deal has $14.04 million greenshoe; J.P. Morgan, Piper Jaffray assist

By Devika Patel

Knoxville, Tenn., March 28 - Vocera Communications, Inc. said it priced its $80 million initial public offering of stock with a $14.04 million greenshoe. It expects its shares to trade on the NYSE exchange under the symbol "VCRA."

The company will sell 5 million common shares at $16.00 apiece.

J.P. Morgan Securities LLC and Piper Jaffray & Co. are the joint bookrunning managers. Robert W. Baird & Co., William Blair & Co., Wells Fargo Securities and Leerink Swann are co-managers.

Based in Burlington, Mass., Demandware is an e-commerce website design software company.

Issuer:Vocera Communications, Inc.
Issue:Common stock
Amount:$80 million
Greenshoe:$14.04 million
Shares:5 million
Price:$16.00
Warrants:No
Bookrunners:J.P. Morgan Securities LLC and Piper Jaffray & Co.
Pricing date:March 28
Stock symbol:NYSE: VCRA

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.