Friday, September 30, 2016

Nutanix Prices IPO, To Trade Today AS NTNX

San Jose-based cloud software developer Nutanix priced its IPO on Thursday evening, saying it will offer up 14,870,000 shares of its Class A common stock at $16.00 per share. The company said it "upsized" its IPO. The company priced above its‌ its initial estimated range of $13.00 and $15.00 per share. Nutanix will trade today on the NASDAQ Global Select Market as NTNX. Nutanix is venture backed by Lightspeed Venture Partners, Khosla Ventures, Mohit Aron, Blumberg Capital, Fidelity, Riverwood Capital Partners, and others.