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SPSC News

SPS Commerce quiet period ends May 31

SPS Commerce, which provides on-demand supply chain management software, will see its quiet period end on Monday, May 31st. On April 21st, the company raised $49.2 million by offering 4.1 million shares at $12, within the range of $11-$13. Thomas Weisel...read more

On-demand software provider Convio prices IPO at $9, below the range

Convio, which provides on-demand marketing software to 1,300 nonprofit organizations, raised a lower than expected $46.2 million by offering 5,132,728 shares at $9, below its planned range of $10 to $12. At the $9 offer price, the Austin, TX based company will...read more

Six IPOs begin trading in busiest day since November 2007

Out of the seven IPOs that were scheduled to price last night, six were completed and will begin trading today in what is the busiest day in the IPO market since November 8, 2007 (when six IPOs raised an aggregate of $908 million). Retail REIT Excel Trust...read more

SPS Commerce prices IPO at $12.00, within the range

SPS Commerce, which provides on-demand supply chain management software, raised $49 million by offering 4,096,694 shares at $12.00, within the range of $11.00 to $13.00. SPS Commerce plans to list on the NASDAQ under the symbol "SPSC". Thomas Weisel Partners...read more