Casa Systems CASA) Prices 6M Share IPO at $13/Sh

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Go back to Casa Systems CASA) Prices 6M Share IPO at $13/Sh

Casa Systems Announces Pricing of Initial Public Offering

December 14, 2017 10:06 PM EST

ANDOVER, Mass., Dec. 14, 2017 (GLOBE NEWSWIRE) -- Casa Systems, Inc., a provider of software-centric solutions for next-generation distributed and virtualized architectures in cable operator, fixed telecom and wireless networks, today announced the pricing of its initial public offering of 6,000,000 shares of its common stock at a public offering price of $13.00 per share, before underwriting discounts and commissions. In addition, Casa has granted the underwriters a 30-day option to purchase up to 900,000 additional shares of common stock from Casa at the public offering price, less underwriting discounts and commissions. All of the shares are being offered by Casa.... More