Amber Road reports plans to price initial public offering of its stock

Stifel, Pacific Crest, Canaccord, Needham and Raymond James to assist

By Devika Patel

Knoxville, Tenn., Feb. 10 - Amber Road, Inc. will conduct an initial public offering of its common stock with a 30-day greenshoe, according to a Form S-1 filed Monday with the Securities and Exchange Commission.

Stifel is the sole bookrunning manager. Pacific Crest Securities is the lead manager, and Canaccord Genuity, Needham & Co. and Raymond James are co-managers.

Proceeds will be used for general corporate and working capital purposes.

The East Rutherford, N.J., company offers technologies for cloud-based global trade management. The company intends to list its common stock on the NYSE stock exchange under the symbol "AMBR."

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