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zulily prices IPO above upwardly revised range at $22, raising $253 million

November 14, 2013
ZU

zulily, a flash sales site offering deals on children's apparel and other products for moms, raised $253 million by offering 11.5 million shares (45% insider) at $22, above the upwardly revised range of $18 to $20. The company had originally filed a range of $16 to $18. zulily, which initially filed confidentially on 8/9/2013, will list on the NASDAQ under the symbol "ZU". Goldman Sachs, BofA Merrill Lynch and Citi acted as the lead managers on the deal.