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Sysorex Global Holdings prices IPO at $6, the high end of the range

April 10, 2014

Sysorex Global Holdings, which provides IT infrastructure solutions to enterprises and governments, raised $20 million by offering 3.3 million shares at $6, the high end of the $5 to $6 range. Sysorex Global Holdings will list on the NASDAQ under the symbol SYRX. The company was previously traded on the OTC markets under the same ticker. Wellington Shields and Dougherty & Company acted as joint bookrunners on the deal.