Published on 1/29/2009 in the Prospect News PIPE Daily.
New Issue: Omniture wraps $24.99 million private placement of shares
By Devika Patel
Knoxville, Tenn., Jan. 29 - Omniture, Inc. completed a $24.99 million private placement of stock on Jan. 27, according to an 8-K filed Thursday with the Securities and Exchange Commission.
The company sold 2,852,578 common shares at $8.76 per share to WPP Luxembourg Gamma Three Sarl.
Based in Orem, Utah, Omniture develops online business optimization software.
Issuer: | Omniture, Inc.
|
Issue: | Common stock
|
Amount: | $24,988,583.28
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Shares: | 2,852,578
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Price: | $8.76
|
Warrants: | No
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Investor: | WPP Luxembourg Gamma Three Sarl
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Settlement date: | Jan. 27
|
Stock symbol: | Nasdaq: OMTR
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Stock price: | $9.24 at close Jan. 27
|
Market capitalization: | $711 million
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