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TNAV News

TeleNav quiet period ends June 21

TeleNav, which is the leading provider of mobile navigation services on the Sprint and AT&T networks, will see its quiet period end on Monday, June 21st. On May 12th, the company raised $56 million by offering 7 million shares at $8, below the range of $11-$13....read more

High volume but weak performance in this week's IPO market

The IPO market gained back some ground this week with seven completed deals and three postponements, a slight improvement from last week, during which fluctuations in the broader markets resulted in four postponements and two ...read more

TeleNav prices IPO at $8.00, below the range

TeleNav, which is a leading provider of mobile navigation services on the Sprint and AT&T networks, raised $56 million by offering 7 million shares at $8, below the the proposed $11 to $13 range. TeleNav plans to list on the NASDAQ under the symbol TNAV. J.P....read more

TeleNav cuts IPO price range to $9-$10, deal size by 21 percent

TeleNav, the leading provider of mobile navigation services on the Sprint and AT&T networks, lowered the proposed deal size for its upcoming IPO on Thursday. The Sunnyvale, CA-based company now plans to raise $67 million by offering 7 million at a price range...read more