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Liquid Holdings Group prices downsized IPO at $9, low end of the range

July 26, 2013

Liquid Holdings Group, which provides an integrated, on-demand software platform for small hedge funds, raised $29 million by offering 3.2 million shares (all primary) at $9, the low end of the range of $9 to $11. Liquid Holdings Group plans to list on the NASDAQ under the symbol "LIQD". The company initially filed confidentially on 12/11/2012. Sandler O'Neill acted as the sole bookrunner on the deal.