Bazaarvoice, Inc. (BV) said Wednesday that it has closed its initial public offering of shares of its common stock and that the underwriters have exercised their option to purchase an additional about 1.4 million shares of common stock.
As a result, the total initial public offering size was about 10.9 million shares, which consisted of 10.4 million shares sold by Bazaarvoice and about 0.5 million shares sold by selling stockholders.
The net proceeds to Bazaarvoice from its sale of 10,422,645 shares were aabout $116.3 million after deducting underwriting discounts and commissions. Bazaarvoice did not receive any proceeds from the sale of shares by the selling stockholders.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.