Talend Announces Pricing of Initial Public Offering
On July 28, 2016, Talend, a global leader in big data and cloud integration solutions, announced the pricing of its initial public offering of 5,250,000 American Depositary Shares (ADSs) at a price to the public of $18.00 per ADS. The ADSs began trading on the Nasdaq Global Market on July 29, 2016, under the ticker symbol "TLND." Wilson Sonsini Goodrich & Rosati is advising Talend in the offering.
The company and a selling shareholder have granted the underwriters a 30-day option to purchase up to 787,500 additional ADSs. Goldman, Sachs & Co., J.P. Morgan Securities, Barclays Capital, and Citigroup Global Markets are acting as joint book-running managers for the offering, and William Blair & Company is acting as co-manager.
For more information, please see Talend's press release.