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Stock impact report

Arlo Technologies, Inc. Launches Roadshow for Initial Public Offering

NETGEAR, Inc. (NTGR) 
Last netgear, inc. earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.netgear.com
Company Research Source: GlobeNewswire
SAN JOSE, Calif., July 23, 2018 (GLOBE NEWSWIRE) -- NETGEAR®, Inc. (NASDAQ:NTGR), the worldwide leader in home networking and smart home security products, today announced that Arlo Technologies, Inc. (“Arlo”), a wholly-owned subsidiary of NETGEAR, has launched a roadshow for its initial public offering (“IPO”). Arlo is offering 10,215,000 shares of its common stock in the IPO. The underwriters will have a 30-day option to buy an additional 1,532,250 shares at the IPO price, less underwriting discounts and commissions. The IPO price is currently expected to be between $18.00 and $20.00 per share.  Arlo has applied to list its common stock on the New York Stock Exchange under the ticker symbol “ARLO.”  BofA Merrill Lynch, Deutsche Bank Securities, and Guggenheim Securities are acting as lead book-running managers for the proposed offering. Raymond James, Cowen and Imperial Capital are acting as joint book-running managers for the proposed offering. This offering will be made only Show less Read more
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