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RLOC News

ReachLocal quiet period ends June 28

ReachLocal, which sells online marketing services for small businesses through a localized sales force, will see its quiet period end on Monday, June 28th. On May 19th, the company raised $54.2 million by offering 4.2 million shares shares at $13, below the...read more

Internet marketing firm ReachLocal and healthcare software provider Accretive Health IPOs gain as broader markets face challenges

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As fears over the European debt crisis dominated the broader markets this week, IPOs also saw a pullback in deals with only two IPO pricings this week: private equity-backed Accretive...read more

Internet marketing firm ReachLocal and healthcare software provider Accretive Health set to begin trading today

Two IPOs are expected to open for trading today. Both technology-related firms priced their offerings below the proposed range. ReachLocal (RLOC), a fast-growing provider of...read more

Local online advertising agent ReachLocal prices IPO at $13, well below its anticipated range

ReachLocal, a fast-growing provider of online marketing services for small businesses using a localized sales force, sold 4,166,667 shares at $13, well below its anticipated range of $17 to $19. The $54 million in total IPO proceeds fell 28% short of the...read more