Digital Music Group, a seller of digital musical recordings to online stores, which filed for its IPO last year, is going to debut on Nasdaq today. The shares were priced at at $9.75 per share on Wednesday, within a forecast range of $9 to $11, according to an underwriter.
With 3.9 million shares on offer, the deal is worth $38 million. The company raised its price forecast from an earlier range of $8 to $10 on January 19.
Some more details here and the symbol on Nasdaq is DMGI.
Related: Digital Music Group Prices Its IPO; To Raise About $33 Million
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