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Globoforce postpones IPO

Mar. 21, 2014 9:25 AM ETGloboforce (THNX) StockTHNXBy: Eric Jhonsa, SA News Editor
  • Citing market conditions, cloud talent recognition software firm Globoforce (THNX) is postponing its IPO.
  • In spite of the strong debuts recently seen by other enterprise cloud software names, demand for Globoforce's offering was apparently soft: The company had already downsized its offering to 3.8M shares from 4.4M, and cut its price range to $14-$15 from $16-$18.
  • Previous: Globoforce's IPO filing/1H results

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