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Quantenna Communications prices IPO at $16, the high end of the range

October 28, 2016
QTNA

Quantenna Communications, a fabless designer of next-generation chipsets for high-speed Wi-Fi networks, raised $107 million by offering 6.7 million shares at $16, the high end of the range of $14 to $16. Quantenna Communications plans to list on the Nasdaq under the symbol QTNA. Morgan Stanley, Barclays and Deutsche Bank acted as lead managers on the deal.