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Aquantia prices IPO at $9, below the range

November 3, 2017
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Aquantia, a fabless provider of high-speed (10Gbps+) Ethernet ICs, raised $61 million by offering 6.8 million shares at $9, below the range of $10 to $12. Aquantia plans to list on the NYSE under the symbol AQ. Morgan Stanley, Barclays and Deutsche Bank acted as lead managers on the deal.