US-based wifi technology producer Quantenna Communications floated on Nasdaq on Friday in a $107m initial public offering that provided exits to investors including corporates Telefónica, Swisscom, Vivint and NTT.

Quantenna priced 6.7 million shares at $16.00 each, the top of the $14 to $16 range it set earlier this month. The underwriters have the option to acquire another million shares, which would lift the size of the IPO to $123m.

Founded in 2005, Quantenna designs and produces high-speed wireless…

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