Sunday, August 19, 2012

Real estate website Trulia files for IPO

A 'for sale' sign is seen outside a home in New York.

By Roland Jones, NBC News

Trulia, the operator of the Trulia.com real estate website, filed for a public stock offering Friday that could bring the company up to $75 million.

The San Francisco-based company said it has filed a registration statement with the Securities and Exchange Commission, but added that the number of shares to be offered and the price range for the offering have not yet been determined.

The Associated Press estimated the IPO could bring in $75 million for the company.

J.P. Morgan Securities and Deutsche Bank Securities are acting as joint book-running managers for the offering, the company said. RBC Capital Markets, LLC, Needham & Company and William Blair are acting as co-managers.

The offering will be made only by means of a prospectus.

Trulia runs a website and mobile apps, which allow users to research homes for sale and neighborhoods.

In the six months ended June 30, monthly unique visitors to the site rose from 5 million in the six months ended June 30, 2009 to 22 million in the six months ended June?30,?2012, Trulia said in its SEC filing.

Source: http://marketday.nbcnews.com/_news/2012/08/17/13334329-real-estate-website-trulia-files-for-ipo?lite

brandy julianne hough bruins boston bruins michael pineda charles taylor calvin johnson

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.