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Alarm.com Files For $75 Mln IPO

Alarm.com Holdings, Inc., the platform solution for the connected home, announced Friday that it has filed a registration statement on Form S-1 with the SEC to raise up to $75 million in an initial public offering.

The company, which was founded in 2000, did not specify the number of shares to be sold and the pricing.

The Vienna, Virginia-based company has applied to list its common stock on the NASDAQ Global Select Market under the ticker symbol ALRM.

Goldman, Sachs & Co., Credit Suisse Securities (USA) LLC, and BofA Merrill Lynch are acting as joint book-running managers for the proposed offering. Stifel, Raymond James & Associates, Inc., William Blair & Company, LLC and Imperial Capital are acting as co-managers.

by RTTNews Staff Writer

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