OpenTable, which provides an online reservation management platform for restaurants, raised $60.0 million on Wednesday by offering 3 million shares, including 1.4 million from insiders, at $20.00 per share, 18% above the midpoint of the revised $16-$18 range and 54% above the original $12-$14 range. The stock is expected to begin trading on the NASDAQ under the symbol "OPEN" on Thursday. Merrill Lynch acted as lead manager on the deal.
