Glu Mobile’s IPO Raises $84 Million; Market Cap of $327 Million

San Francisco-based mobile gaming firm Glu Mobile raised $84 million with an IPO that was priced within a forecast range. The 7.3 million share offering sold for $11.50 per share compared with a $10 to $12 per-share forecast range, according to an underwriter, reports Reuters. The offering price gives the company an initial market capitalization of about $327 million.
Related:
Glu Mobile Seeks $80 Million In IPO
Mobile Gaming Firm Glu Mobile Files For an IPO
–<a href="http://www.moconews.net/entry/more-on-glu-m0biles-ipo-some-details-from-s-1/&quot; title="More on Glu Mobile

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