Qualys (QLYS) IPO Opens Flat

September 28, 2012 10:41 AM UTC
The IPO for Qualys, Inc. (NASDAQ: QLYS) opened for trading at $12 after pricing 7,575,000 shares at $12 per share, the middle of the expected $11-$13 range.

Qualys is offering 6,700,000 shares of common stock and certain selling stockholders are offering 875,000 shares of common stock.

J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC are acting as joint bookrunning managers for the offering, and RBC Capital Markets, LLC, Pacific Crest Securities LLC, Robert W. Baird & Co. Incorporated, JMP Securities LLC, Lazard Capital Markets LLC and First Analysis Securities Corporation are acting as co-managers for the offering.

Qualys is a provider of cloud security and compliance solutions that enable organizations to identify security risks to their IT infrastructures, help protect their IT systems and applications from ever-evolving cyber attacks and achieve compliance with internal policies and external regulations.


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