Chegg, a leading online education platform that provides resources for students, filed on Wednesday with the SEC to raise up to $150 million in an initial public offering. The Santa Clara, CA-based company, which was founded in 2005 and booked $238 million in sales for the 12 months ended June 30, 2013, plans to list on the NYSE under the symbol CHGG. Chegg initially filed confidentially on May 6, 2013. J.P. Morgan and BofA Merrill Lynch are the joint bookrunners on the deal. No pricing terms were disclosed.
