Connect with us

Hi, what are you looking for?

Jewish Business News


Wix Raises $127 Million in Nasdaq IPO

The offering of the DIY website creator was held at the high end of the price range of $14.50-16.50 and company valuation of nearly $800 million.
images Ltd., a web development platform, has raised a gross $127 million in its IPO on Nasdaq . The company originally planned to go public on the New York Stock Exchange, but switched to Nasdaq in October.

Wix announced the pricing of its initial public offering of 7, 700, 000 ordinary shares at a price to the public of $16.50 per share. The shares are expected to begin trading on The NASDAQ Global Market on November 6, 2013 under the symbol “WIX.” Of the shares in the offering, 5, 712, 446 shares are being offered by Wix and 1, 987, 554 shares are being offered by selling shareholders. Wix will not receive any proceeds from the sale of shares by the selling shareholders. Wix has granted the underwriters a 30-day option to purchase up to 1, 155, 000 additional shares at the initial public offering price.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

J.P. Morgan Securities LLC and BofA Merrill Lynch are acting as joint lead book-running managers for the offering. RBC Capital Markets, LLC is also acting as a book-running manager. Needham & Company, LLC and Oppenheimer & Co. Inc. are acting as co-managers.

Wix will not receive any proceeds from the sale of shares by shareholders.


About Ltd. is a  cloud-based web development platform with over 40 million registered users worldwide. Wix empowers millions of businesses, organizations, professionals and individuals to take their businesses, brands and workflow online.

Wix’s headquarters are in Tel Aviv with offices in San Francisco, New York and Dnepropetrovsk.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.