KIT
digital, Inc. (NASDAQ:KITD) dropped 0.24% to $12.40. The company announced
that it has priced a public offering of 8,000,000 shares of its common stock at
$12.00 per share. KIT digital expects to receive net proceeds of approximately
$88.3 million from the sale of the common stock.
KIT digital has granted a 30-day option to the underwriter to
purchase up to an additional 1,200,000 shares to cover over-allotments.
The
stock has average daily volume of 208K shares. At current market price, the
market capitalization of the company stands at $288.06 million.
IntraLinks
Holdings, Inc. (NYSE:IL) went up 1.17% to $20.78. The company announced
that it has filed a registration statement with the Securities and Exchange
Commission (SEC) for a proposed follow-on public offering by IntraLinks and
certain selling stockholders of an aggregate of 9,000,000 shares of common
stock.
The
stock opened at $20.04 and was trading within the range of $19.75-$20.97. At
current market price, the market capitalization of the company stands at $1.04
billion.
Plains
All American Pipeline, L.P. (NYSE:PAA) jumped 1.15% to $62.19. The company
announced that it has completed its previously announced underwritten public
offering of common units. The Partnership sold a total of 4,200,000 common
units at a price to the public of $62.60 per common unit.
The
stock opened at $61.30 and was trading within the range of $61.30-$62.20. At
current market price, the market capitalization of the company stands at $8.48
billion.
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