SAN FRANCISCO — Almost a year after making official plans to go public, Los Altos-based cloud storage company Box Inc. finally began trading on Friday. Represented by Wilson Sonsini Goodrich & Rosati, the company sold 12.5 million shares at $14 apiece, raising $175 million in the process. Box priced its shares a dollar above its previously estimated range of $11 to $13 per share.
It is the first major initial public offering for Silicon Valley in 2015. On Friday, trading closed at $23.23 per share.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
