Reuters – LifeLock Prices I.P.O. Below Range

Theft and fraud protection services provider LifeLock priced its initial public offering on Tuesday below its expected range at $9, an underwriter said, Reuters reported Wednesday. The Tempe, Arizona-based firm raised $141.3 million by pricing 15.7 million shares as planned. It had intended to price at a range of $9.50 to $11.50. LikeLock is backed by venture capital firms Bessemer Venture Partners and Kleiner Perkins Caufield & Byers.

(Reuters) Theft and fraud protection services provider LifeLock priced its initial public offering on Tuesday below its expected range at $9, an underwriter said.

The Tempe, Arizona-based firm raised $141.3 million by pricing 15.7 million shares as planned. It had intended to price at a range of $9.50 to $11.50.