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[-]  13-06-18 16:28

Avalara ups IPO target to $198M on stock price of $21 to $23 as it prepares to go public
Avalara plans to raise up to $198 million when it goes public, according to an updated filing with the U.S. Securities and Exchange Commission. The sales tax automation company now lists an anticipated stock price of $21 to $23, up from $19 to $21 in its earlier filing from June 4. It still plans to issue 7.5 million shares. Avalara has granted its underwriters an option to buy up to an additional 1.1 million shares of common stock. The company plans to trade on the New York Stock Exchange u...

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