CreditCards.com IPO Update

http://www.reuters.com/article/governmentFilingsNews/idUSWNAS008220071102

Nov 2 (Reuters) – CreditCards.com Inc on Friday registered its initial public offering of 10.7 million shares at an estimated price of $13 to $15 per share.

In an amended filing with the U.S Securities and Exchange Commission, the online credit card operator said it plans to sell 8.425 million shares while stockholders will sell an additional 2.3 million shares.

The Austin, Texas-based company said it applied for a Nasdaq listing under the symbol “CCRD.” (Reporting by Bijoy Koyitty in Bangalore)

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