Trulia, Inc. (TRLA) said Monday that it has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of its common stock.
The company is proposing to sell about $100 million of its shares, as well as any shares to be sold to the underwriters pursuant to their option to purchase additional shares. The remaining shares will be sold by existing stockholders.
The net proceeds from the sale of shares by Trulia in the offering will be used for working capital and other general corporate purposes, and Trulia expects to use some or all of such net proceeds to acquire or invest in complementary businesses, products, services, technologies, or other assets.
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