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Fastly IPO prices at $16 high end

May 16, 2019
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Fastly, which operates an edge cloud platform for optimized web and application delivery, raised $180 million by offering 11.25 million shares at $16, the high end of the range of $14 to $16.

The San Francisco, CA-based company plans to list on the NYSE under the symbol FSLY. BofA Merrill Lynch, Citi and Credit Suisse acted as lead managers on the deal.