Fusion-io, Inc. (NYSE: FIO) has just filed to sell 8,843,739 shares in the secondary market after a fairly recent initial public offering. The company itself is offering 3,000,000 shares of its common stock and the selling stockholders are offering 5,843,739 shares of common stock in this offering. Fusion-io will not receive any of the proceeds from the sale of the shares being sold by the selling stockholders.
Underwriters as follows:
Goldman, Sachs & Co.
Morgan Stanley
J.P. Morgan
Credit Suisse
The total shares after an overallotment could be up to 10,170,299 shares. The company just came public in June.
UPDATED: Shares were up 4% and now the stock has dropped into the red for the day with just under 15 minutes before the closing bell.
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