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Pricerange for iRobot IPO?

Posted on October 24th, 2005 in Latest News

I will stress that this is unverified, but there are rumblings that iRobot’s initial IPO stock price will be between $21 and $23 USD per share. That makes it’s initial worth around $100 million. Anyone seen the Boston Business Journal article that this website cites?

Update: Yep, I found it.

At that price, the 3.3 million shares iRobot is selling would be worth between $69 million and $75 million, while the million shares more sold by other stakeholders would be valued between $21 million and $23 million.


The stock symbol will be "IRBT." Another story on Reuters.




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