Born to be Wireless

Thursday, March 22, 2007

Glu Raised $ 84 Million on IPO

MoCoNews reports mobile games publisher Glu has raised $ 84 million for their IPO, $ 4 million above expectations. Glu offered 7.3 million shares which sold at $ 11.50 each while the forecast was between $ 10 and $ 12. Glu’s market capitalization has reached about $ 327 million. Glu’s common stock will trade on Nasdaq today under the GLUU symbol.

Labels: Glu, gluu, ipo

Posted by Pedro Macedo | 1:52 PM | Permalink |

Thursday, March 08, 2007

Glu Mobile Seeks $80 Million In IPO

San Mateo-based Glu Mobile plans to offer 7.3 million shares at $10-12 per share in a bid to raise $80 million in its upcoming IPO, reports Marketwatch. It plans to trade on the Nasdaq under the symbol GLUU.

source: MoCoNews

Labels: Glu, ipo