In July we reported that Trulia could be going IPO. Friday Trulia filed for an initial public offering that could raise up to $75 million.
In its filing with the Securities and Exchange Commission, San Francisco-based Trulia did not declare how many shares it planned to sell, or at what price they might offer them for.
The company has indicated that J.P. Morgan Securities and Deutsche Bank Securities are acting as joint book-running managers for the offering. RBC Capital Markets, LLC, Needham & Company and William Blair are acting as co-managers. The offering will be made only by means of a prospectus.
In its press release, the company has stated that copies of the preliminary prospectus relating to the offering may be obtained from: J.P. Morgan Securities LLC., Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, Phone: (866) 803-9204; or Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, Phone: (800) 503-4611, e-mail: email@example.com.
Trulia has more than 350 employees across the US. The property portal claims to display more than 4 million real estate and rental listings nationwide, 23 million UVs per month, and over 500,000 registered real estate professionals.