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Marin Software prices upsized IPO at $14, above the range

March 22, 2013

Marin Software, which provides a cloud-based digital ad management platform, raised $105 million by offering 7.5 million shares at $14, above the range of $11 to $13. The company had originally planned to sell 7.0 million shares, resulting in a total deal size that was 25% larger than originally planned. Marin Software plans to list on the NYSE under the symbol MRIN. Goldman Sachs and Deutsche Bank acted as lead managers on the deal.