IPO News Archive

IntelePeer, Reply! withdraw IPO plans

2/1/12


IntelePeer (PEER), which provides an IP-based routing platform for telecom providers and enterprises, withdrew its plans for an initial public offering on Wednesday, citing adverse market conditions. IntelePeer had planned to price on January 24th, the day after software company Guidewire (GWRE), which is trading up 39% from its IPO price. J.P. Morgan, Deutsche Bank Securities and Barclays Capital were set to be the lead underwriters on the deal.

Reply! (RPLY), an online marketing company, also withdrew IPO plans on Wednesday and cited market conditions. It made its initial filing in February 2010. Jefferies and Piper Jaffray had been chosen as lead underwriters.

Keywords/Tickers: PEER, RPLY
Source: www.RenaissanceCapital.com
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