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ChannelAdvisor prices IPO at $14, the high end of the range

May 22, 2013

ChannelAdvisor, which provides e-commerce platform to manage sales across multiple online channels, raised $81 million by offering 5.8 million shares at $14, the high end of the range of $12 to $14. ChannelAdvisor plans to list on the NYSE under the symbol ECOM. ChannelAdvisor initially filed confidentially on 12/19/2012. Goldman Sachs and Stifel acted as lead managers on the deal.