BlackLine IPO Info

Company Name: BlackLine
Stock Symbol: BL
Exchange: NASDAQ
Status: Priced
IPO Date: 10/28/2016
IPO Price: 17.00 (62.53%)

Underwriters

Goldman, Sachs & Co. and J.P. Morgan

Amount of Offering: N/A
Number of Shares Offered: 8.6 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A

Company Description

BlackLine is a provider of cloud-based solutions for Finance & Accounting (F&A) that centralize and streamline financial close operations and other key F&A processes for midsize and large organisations. Designed to complement ERP and other financial systems, the BlackLine Finance Controls & Automation Platform increases operational efficiency, real-time visibility, control and compliance to ensure end-to-end financial close management, fueling confidence throughout the entire accounting cycle.

News Headlines

• BlackLine (BL) IPO Opens at $24.52
• BlackLine (BL) Prices 8.6M Common Stock IPO at $17/Share, Above Expected Range