Xactly, which provides a cloud-based platform that ties compensation to employee performance, raised $56 million by offering 7 million shares at $8, below the range of $10 to $12. Xactly plans to list on the NYSE under the symbol XTLY. Xactly initially filed confidentially on 3/13/2015. J.P. Morgan, Deutsche Bank and UBS Investment Bank acted as lead managers on the deal....read more
Xactly, which provides a cloud-based platform that ties compensation to employee performance, announced terms for its IPO on Monday. The San Jose, CA-based company plans to raise $77 million by offering 7 million shares (3% insider) at a price range of $10 to $12. At the midpoint of the proposed range, Xactly would command a fully diluted market value of $346 million.
Xactly,...read more
Xactly, which provides a cloud-based platform that ties compensation to employee performance, filed on Tuesday with the SEC to raise up to $75 million in an initial public offering. The San Jose, CA-based company, which was founded in 2005 and booked $61 million in sales for the fiscal year ended January 31, 2015, plans to list on the NYSE under the symbol XTLY. Xactly...read more
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Xactly prices IPO at $8, below the range
Xactly, which provides a cloud-based platform that ties compensation to employee performance, raised $56 million by offering 7 million shares at $8, below the range of $10 to $12. Xactly plans to list on the NYSE under the symbol XTLY. Xactly initially filed confidentially on 3/13/2015. J.P. Morgan, Deutsche Bank and UBS Investment Bank acted as lead managers on the deal....read more
Sales incentive SaaS provider Xactly sets terms for $77 million IPO
Xactly, which provides a cloud-based platform that ties compensation to employee performance, announced terms for its IPO on Monday. The San Jose, CA-based company plans to raise $77 million by offering 7 million shares (3% insider) at a price range of $10 to $12. At the midpoint of the proposed range, Xactly would command a fully diluted market value of $346 million. Xactly,...read more
Pay for performance: Xactly files for a $75 million IPO
Xactly, which provides a cloud-based platform that ties compensation to employee performance, filed on Tuesday with the SEC to raise up to $75 million in an initial public offering. The San Jose, CA-based company, which was founded in 2005 and booked $61 million in sales for the fiscal year ended January 31, 2015, plans to list on the NYSE under the symbol XTLY. Xactly...read more