MaxPoint Interactive (MXPT) IPO Opens Modestly Lower

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MaxPoint Announces Pricing of Initial Public Offering

March 6, 2015 8:00 AM UTC

RALEIGH, N.C.--(BUSINESS WIRE)-- MaxPoint Interactive, Inc., a leading provider of business intelligence and marketing automation software service that enables national brands to drive local, in-store sales, announced today the pricing of its initial public offering of 6,500,000 shares of its common stock at a price to the public of $11.50 per share, before underwriting discounts. The shares are expected to begin trading on the New York Stock Exchange on March 6, 2015, under the symbol MXPT. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 975,000 shares of MaxPoints common stock at the... More