Box IPO raises $175 mln
Box Inc. said late Thursday it raised $175 million when it priced 12.5 million shares at $14 each via joint book-runners Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC. Underwriters on the deal have a 30-day option to buy an additional 1.875 million shares. Box will trade Friday on the NYSE under the ticker “BOX.” Box, the online storage company, is backed by venture capital firms including Draper Fisher Jurvetson, U.S. Venture Partners and Coatue Management.
23 January 2015•2 mins read
