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By The Online Investor Staff, updated Sat., May. 18, 9:16 PM
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IPOs| This Slide: #1 of 15 |
Slide #1. Marketo — Initial Public Offering
Company:
Marketo
Proposed Symbol:
MKTO
Shares Offered:
6,059,509
Price Per Share:
$13.00
Over-Allotment:
908,926
Description:
Marketo, the provider of a leading cloud-based marketing software platform, announced today the pricing of its initial public offering of 6,059,509 shares of its common stock at a price to the public of $13.00 per share. The shares are expected to begin trading on The NASDAQ Global Select Market on May 17, 2013, under the symbol "MKTO". Marketo is offering 5,750,000 shares and selling stockholders are offering 309,509 shares. Marketo will not receive any of the proceeds from the sale of the shares being sold by the selling stockholders. In addition, Marketo has granted the underwriters a 30-day option to purchase up to 908,926 additional shares of common stock.
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