Silicon Valley Business Journal – IPO raises $168M, value tops $1B valuation

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There was no discount on’s IPO, with the digital bargain offer purveyer raising $168 million at a price that topped its targets.

The Mountain View company led by Steven Boal sold 10.5 million shares at $16, above the range it set last week of $12 to $14. Its market cap is now at about $1.2 billion.

Shares of Silicon Valley’s first tech IPO of the year are set to begin trading Friday on the New York Stock Exchange under the symbol COUP.

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