Envivio Inc. said it is offering 6.50 million of the shares to be sold in the offering. The selling stockholders identified in this prospectus are offering an additional 1.25 million shares. Envivio would not receive any of the proceeds from the sale of the shares being sold by the selling stockholders. The company currently expects the initial public offering price per share to be between $10.00 and $12.00.
Application has been made for the listing of the common stock on the Nasdaq Global Market under the symbol "ENVI".
by RTT Staff Writer
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