The Trade Desk Announces Closing of Initial Public Offering and Full Exercise of the Underwriters– Option to Purchase Additional Shares

By Publisher on September 26, 2016   Hardware  

LOS ANGELES, CA — (Marketwired) — 09/26/16 — The Trade Desk, Inc. (NASDAQ: TTD), a provider of a global technology platform for buyers of advertising, today announced the closing of its initial public offering of 5,366,667 shares of Class A common stock, inclusive of the full exercise of the underwriters– option to purchase an additional 700,000 shares of Class A common stock from selling stockholders, at a purchase price of $18.00 per share.The Trade Desk estimates its net proceeds from th