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Talend files for U.S. IPO for up to $86.25 mln

Tue, 28th Jun 2016 22:55

June 28 - Talend SA filed with U.S. regulators on Tuesday toraise up to $86.25 million in an initial public offering ofcommon stock.

The France-based software company told the U.S Securitiesand Exchange Commission in a preliminary prospectus that GoldmanSachs and Co, JPMorgan, Barclays,Citigroup and William Blair were underwriting the IPO. (http://1.usa.gov/29djDAf)

The filing did not reveal how many shares the companyplanned to sell or the expected price.

The company intends to list its common stock on the Nasdaqunder the symbol "TLND".

The amount of money a company says it plans to raise in itsfirst IPO filings is used to calculate registration fees. Thefinal size of the IPO could be different. (Reporting by Sangameswaran S in Bengaluru; Editing by DavidGregorio)

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