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Mimecast prices IPO at $10, at the low end of the range

November 18, 2015
MIME

Mimecast, which provides cloud-based email archiving and security solutions, raised $78 million by offering 7.8 million shares at $10, at the low end of the range of $10 to $12. Mimecast plans to list on the Nasdaq under the symbol MIME. Goldman Sachs, Barclays, Jefferies and RBC Capital Markets acted as lead managers on the deal.