Austin, Texas – Digital coupon provider RetailMeNot launches its IPO on Friday of 9,090,908 shares of its Series 1 common stock at a price to the public of $21 per share. Shares will be available on the Nasdaq Global Select Market under the ticker symbol "SALE." Of the shares in the offering, 4,545,454 shares are being offered by RetailMeNot and 4,545,454 shares are being offered by selling stockholders.
Morgan Stanley & Co., Goldman Sachs and Credit Suisse Securities are serving as joint book-running managers for the offering, with Jefferies and RBC Capital Markets acting as co-lead managers and Stifel, Nicolaus & Co. and William Blair & Co. acting as co-managers.
RetailMeNot has not issued a public statement regarding the IPO.