Qualys Went Public Today On The Nasdaq Under “QLYS”
Qualys Inc. is a cloud computing security provider company that has raised $91 million after pricing their IPO of 7.6 million shares at $12 per share, which is the mid-point of their expected IPO range. Qualys was expecting to raise around $98.8 million at the high end of the price range $11-$13 per share. Qualys plans on using the funding for investing in sales and R&D. Qualys stated trading today on the Nasdaq under the symbol “QLYS.” JPMorgan and Credit Suisse Securities were the lead underwriters of the offering.
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry