Arlo Technologies Inc. (ARL) Prices 10.215M Share IPO at $16/Sh
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NETGEAR and Arlo Announce Pricing of Initial Public Offering
August 2, 2018 5:34 PM EDTSAN JOSE, Calif., Aug. 2, 2018 /PRNewswire/ --Â NETGEAR, Inc. (NASDAQ: NTGR) and Arlo Technologies, Inc. ("Arlo"), a subsidiary of NETGEAR, today announced the pricing of Arlo's initial public offering ("IPO") of 10,215,000 shares of Arlo's common stock at a price to the public of $16.00 per share. The New York Stock Exchange has conditionally approved the listing of the common stock shares. The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol "ARLO" on August 3, 2018, and the IPO is expected to close on or about August 7, 2018, subject to customary closing conditions.... More
