Zipcar Prices IPO at $14-$16 Per Share

In an SEC filing last week, car-sharing company Zipcar priced its long-awaited IPO at $14 to $16 per share under the symbol ZIP. The company and some of its investors plan to sell a total of 8.3 million shares on the Nasdaq as early as April 13, which is expected to net the company between $89 million and $95 million.

 

 

Zipcar originally filed for an IPO in June 2010, expecting to net $75 million.

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