San Diego-based digital video codec firm DivX has set the terms of its pending IPO at 9.1 million common shares with an estimated price range between $12 and $14 a share…it first filed an IPO in May to sell up to $135 million in common stock, but it didn’t provide IPO terms in its May prospectus.
The company will offer about 7.46 million shares, and selling stockholders will offer about 1.64 million shares in the IPO, it said in an amended S1.
The amended S1 is here.
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