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Nutanix IPO Update: New S-1 Filing Updates Financials, Outlines Increased Competitive Threat From Dell-EMC

September 20, 2016

Via: CRN

Hyper-converged infrastructure developer Nutanix is making yet another run at an IPO, according to a new S-1 filing.

In the fifth amendment of its S-1, filed with the U.S. Securities and Exchange Commission Monday, Nutanix said it expects to sell up to 16.1 million shares of Class A common stock at between $11.00 and $13.00 per share.

At the upper end of that range, the IPO would bring Nutanix, which has applied for listing on the Nasdaq exchange under the ticker symbol NTNX, a total of $209.3 million.

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