Appian Corp (APPN) Prices 6.25M Share IPO at $12/Sh

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Go back to Appian Corp (APPN) Prices 6.25M Share IPO at $12/Sh

Appian Announces Pricing of Initial Public Offering

May 24, 2017 10:59 PM EDT

RESTON, Va., May 24, 2017 (GLOBE NEWSWIRE) -- Appian Corporation (NASDAQ: APPN) today announced the pricing of its initial public offering of 6,250,000 shares of its Class A common stock at a public offering price of $12.00 per share.

The shares are expected to begin trading on the NASDAQ Global Market on May 25, 2017, under the symbol "APPN," and the offering is expected to close on May 31, 2017, subject to customary closing conditions. Appian has granted the underwriters a 30-day option to purchase up to an additional 937,500 shares of Class A common stock to... More