Eloqua IPO: On-demand revenue performance management software provider Eloqua, Inc submitted the latest amendment to registration statement on Form S-1 with the Securities and Exchange Commission on July 19, 2012.
The company is selling aggregately 8 million shares (1 million by the selling shareholders) of its common stock. The company will not receive any proceeds from the sale of shares of common stock by the selling stockholders. Eloqua IPO price is anticipated to be between $9.50 and $11.50 per share.
J.P. Morgan and Deutsche Bank Securities are acting as the lead underwriters for Eloqua IPO. The underwriting syndicate also includes JMP Securities, Needham & Company and Pacific Crest Securitie. The underwriters have been granted to buy up to an additional 1,200,000 shares of common stock at Eloqua IPO price, to cover over-allotments. Read more about Eloqua IPO.