Dropbox sold extra shares in IPO for total take just shy of $1 billion
Dropbox Inc. sold the overallotment option in its initial public offering, the company announced Tuesday, taking the total funds raised in the stock sales to nearly $1 billion. After bankers sold the additional 5.4 million shares in the offering, the total number of shares sold at the IPO price of $21 rose to more than 46 million. Dropbox sold about 26.8 million shares and selling stockholders sold about 9.2 million shares in the offering, while the company sold almost 4.8 million shares to Salesforce.com... Читать дальше...