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Cardlytics, a native banking advertising channel, prices IPO at $13 low end

February 9, 2018
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Cardlytics, which provides a banking-based advertising channel to consumer products marketers, raised $70 million by offering 5.4 million shares at $13, the low end of the range of $13 to $15. Cardlytics plans to list on the Nasdaq under the symbol CDLX. BofA Merrill Lynch, J.P. Morgan, Wells Fargo Securities and SunTrust Robinson Humphrey acted as lead managers on the deal.