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Friday, May 21, 2010

TeleNav IPO: $64 Million; NASDAQ: TNAV

I noted TeleNav’s IPO last week (APB coverage), but here are the final numbers:

TeleNav, Inc. has completed its initial public offering (IPO) of 8.05 million shares of common stock at a price of $8 per share raising gross proceeds of $64.4 million.

And, the company joined the NASDAQ with symbol: TNAV

- TMC
- Marketwatch

by Adena Schutzberg on 05/21 at 08:13 AM | Comments | Bookmark and Share

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