IPO Stock Watch: Online Retailer Etsy Sets IPO Terms

By | March 31, 2015

Scalper1 News

Arts and crafts retailer Etsy late Tuesday set terms for its IPO, offering 16.6 million shares at a price range of 14 to 16. At the midpoint, the IPO would raise $250 million. The underwriters have an option to purchase an additional 2.5 million shares. Including the underwriters’ option, if Etsy priced at the high end of its range the IPO would raise $306 million. Founded in Brooklyn in 2005, Etsy is a marketplace where people connect to make, Scalper1 News

Scalper1 News