AppFolio (APPF) IPO Opens Modestly Higher

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AppFolio Announces Pricing of Initial Public Offering

June 26, 2015 8:00 AM UTC

SANTA BARBARA, Calif., June 26, 2015 (GLOBE NEWSWIRE) -- AppFolio, Inc. (Nasdaq: APPF) today announced the pricing of its initial public offering of 6,200,000 shares of its Class A common stock at a price to the public of $12.00 per share. In addition, AppFolio has granted the underwriters a 30-day option to purchase up to an additional 930,000 shares of its Class A common stock to cover over-allotments, if any. The... More