Infoblox Inc. (BLOX) said it is offering 5.74 million shares of its common stock and the selling stockholders are offering 1.76 million shares of common stock.
The company noted that it will not receive any proceeds from the sale of shares by the selling stockholders and added that this is its initial public offering and no public market currently exists for its shares.
Infoblox anticipates that the initial public offering price of its common stock will be between $12.00 and $14.00 per share. In addition, the company has granted the underwriters the right to buy up to an extra 1.13 million shares of common stock to cover over-allotments.
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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.