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Tintri prices downsized IPO at $7, the low end of the range

June 30, 2017
TNTR

Tintri, which sells all-flash storage arrays and software to create enterprise clouds, raised $60 million by offering 8.6 million shares at $7, the low end of the range of $7 to $8. Tintri plans to list on the Nasdaq under the symbol TNTR. Morgan Stanley, BofA Merrill Lynch and Pacific Crest acted as lead managers on the deal.