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Yodlee to price IPO of 6.25 million shares between $11.00 and $13.00
Goldman, Sachs, Credit Suisse and BofA Merrill Lynch are bookrunners
By Devika Patel
Knoxville, Tenn., Sept. 22 – Yodlee, Inc. will sell 6.25 million common shares in its initial public offering with a greenshoe option of 937,500 additional shares, according to a Form S-1/A filed Monday with the Securities and Exchange Commission. The deal was announced June 30.
The shares will be sold at a price expected to fall between $11.00 and $13.00 per share.
Goldman, Sachs & Co., Credit Suisse and BofA Merrill Lynch are the joint bookrunning managers. UBS Investment Bank and Pacific Crest Securities are the co-managers.
Proceeds will be used for general corporate purposes.
The Redwood City, Calif., company offers a technology and applications platform for digital financial services. The company intends to list its common stock on the Nasdaq under the symbol “YDLE.”
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