Marin Software Officially IPOs: Stock Up 20%
Marin Software, one of the leading search and social marketing platform providers, has officially IPO’ed this morning at The New York Stock Exchange.
The IPO looked to be a hit, with their stock price currently up over 20%. The IPO price was $14.00 per share with 7,500,000 shares. The high went to $19.95 per share, and it is currently at $16.90 per share. The ticker Marin Software is listed under is NYSE:MRIN.
Marin Software said:
Goldman, Sachs & Co. and Deutsche Bank Securities Inc. are acting as lead book-running managers for the offering. UBS Securities LLC and Stifel, Nicolaus & Company, Incorporated are acting as book-running managers, and Wells Fargo Securities, LLC is acting as co-manager.
Marin filed their IPO about a month ago.
The picture above is of Marin Software’s Founder and CEO Chris Lien rings the Opening Bell to celebrate their IPO at the New York Stock Exchange.