Ellie Mae (ELLI) IPO Trades Higher
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The IPO for Ellie Mae, Inc. (AMEX: ELLI) is open for trading. Shares are trading at $6.29 after pricing 7,500,000 shares at $6.00 per share, which was in-line the the recently reduced range (cut from $9-$11).
Barclays Capital Inc. is acting as the sole book runner for the offering. William Blair & Company L.L.C., Piper Jaffray & Co. and Morgan Keegan & Company are acting as co-managers.
Ellie Mae hosts one of the largest electronic mortgage origination networks in the United States.
Barclays Capital Inc. is acting as the sole book runner for the offering. William Blair & Company L.L.C., Piper Jaffray & Co. and Morgan Keegan & Company are acting as co-managers.
Ellie Mae hosts one of the largest electronic mortgage origination networks in the United States.
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