Altair Engineering (ALTR) IPO Opens Up 31%
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November 1, 2017 6:02 AM EDT
ADVISORY, Nov. 01, 2017 (GLOBE NEWSWIRE) --
What:Â Altair Engineering Inc. (Nasdaq: ALTR), a leader in the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance, will visit the Nasdaq MarketSite in Times Square in celebration of its initial public offering (IPO).
In honor of the occasion, James R. Scapa, Chairman and CEO, will ring the Opening Bell.Â
Where:Nasdaq MarketSite 4 Times Square 43rd & Broadway Broadcast Studio
When:Wednesday, November 1, 2017 9:15 a.m. to 9:30... More
October 31, 2017 8:29 PM EDT
TROY, Mich., Oct. 31, 2017 (GLOBE NEWSWIRE) -- Altair Engineering Inc. (NASDAQ: ALTR) today announced the pricing of its initial public offering of 12,000,000 shares of its Class A common stock at a price of $13.00 per share, for a total offering size of $156 million. Â Of these shares, 8,065,004 are being offered by Altair and 3,934,996 are being offered by selling stockholders. The shares are expected to begin trading on the NASDAQ Global Select Market under the ticker symbol ALTR on November 1, 2017, and the offering is expected to close on November 3, 2017. Â In addition, Altair has granted the... More
