Boingo Wireless’s 5.77M IPO Priced at $13.50 A Share

Boingo Wireless Inc.’s initial public offering of 5.77 million shares was priced at $13.50 each. Shares of the provider of commercial mobile Wi-Fi Internet solutions will change hands on the NASDAQ Global Market under the symbol "WIFI" starting Wednesday. Boingo is offering about 3.85 million of the shares and selling stockholders are offering about 1.92 million. Credit Suisse and Deutsche Bank Securities are acting as joint book-running managers. Los Angeles, Calif.-based Boingo is backed by Evercore Partners, Mitsui & Co. and New Enterprise Associates Inc.

4 May 2011•2 mins read
Feature image
LinkedInXEmail
LinkedInXEmail