Fusion-io will issue 10.76 million shares with its owners selling 1.5 million at up to $15 each, before 1.85 million shares can be sold if demand is strong enough.
Fusion-io, an enterprise storage company formerly known as Fusion Multisystems, has increased its planned flotation to $212.2m from $150m after switching to New York from listing on the Nasdaq stock exchange.
Fusion-io will issue 10.76 million shares with its owners selling 1.5 million at up to $15 each, before 1.85 million shares can be sold if demand is strong enough.
The company would be worth $1.bn in its market capitalisation at the top end of the range.
Investment banks Goldman…
