Yelp prices IPO of 7.15 mln shares at $15 vs. the $12-14 expected range. A total of 7,100,000 shares are being offered by Yelp, and a total of 50,000 shares are being offered by a selling stockholder, The Yelp Foundation. In addition, the underwriters have an option to purchase up to an additional 1,072,500 shares from Yelp. Yelp will not receive any proceeds from the sale of shares by the selling stockholder.
CEO Jeremy Stoppelman, COO Geoff Donaker and CFO Rob Krolik for Yelp's IPO ring the opening bell at the New York Stock Exchange on March 2, 2012 in New York City.
CEO Jeremy Stoppelman, COO Geoff Donaker and CFO Rob Krolik for Yelp's IPO ring the opening bell at the New York Stock Exchange on March 2, 2012 in New York City.
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