Splunk (SPLK) Raises Expectations for IPO Price to $11-$13/Share

April 16, 2012 5:50 PM EDT
Splunk (Nasdaq: SPLK) filed an amended registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. Splunk plans to sell 13.5 million shares and sees an offering price of $11 to $13 per share. The price is up from $8 to $10 per share expected with the last filing. Splunk plans to list on the Nasdaq Global Market under the ticker, "SPLK."

The offering is being made through Morgan Stanley, Credit Suisse, J.P. Morgan, BofA/Merrill Lynch, UBS Investment Bank, Pacific Crest, and Cowen and Co.

Splunk provides an innovative software platform that enables organizations to gain real-time operational intelligence by harnessing the value of their data.


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Credit Suisse, UBS, JPMorgan, Morgan Stanley, Pacific Crest Securities, Cowen & Co