BOULDER, Colo.-SignalSoft Corp., a wireless location services application developer, began its initial public offering of 4.4 million shares of common stock at $17 per share last Thursday. The stock closed that day at $21.87.
The company said it granted the underwriters, including Salomon Smith Barney, Donaldson, Lufkin & Jenrette, and Lehman Brothers, an option to purchase up to an additional 660,000 shares from SignalSoft to cover over-allotments.
