# For now, Hortonworks expects its IPO to be worth up to $97M Hadoop vendor Hortonworks has priced its initial public offering at between$12 and $14 a share, according to an updated S-1 form the company filed with the SEC on Monday. The company first announced its plans to go public last month. It plans to offer 6 million shares, as well as 900,000 to its underwriters, which would gross$96.6 million for the company at the high end of its price range. That share price would also put the company’s valuation under the $1 billion mark at which it raised its last round of venture capital. Of course, these prices have been known to change, even in the nascent realm of “big data” IPOs. In 2013, [company]Tableau Software[/company] published an expected price of between$23 and $26 a share before upping it to between$28 and $30, and ultimately opening trading at$31 a share. In 2012, expected price for [company]Splunk[/company] shares rose from between $8 and$10 to between $11 and$13, before opening trading at \$17 a share.

[company]Hortonworks[/company] will trade on NASDAQ under the ticker symbol “HDP,” which is shorthand for Hortonworks Data Platform, the company’s software product.