MediaMind Expects To Raise $73M In IPO

MediaMind Technologies Inc., the digital advertising company, plans to raise $73 million in its initial public offering later this week. MediaMind, previously called Eyeblaster, plans to offer 5 million shares for $14 to $16 each. The expected proceeds of $73 million are based on the $15 midpoint of the expected offer price and the underwriters' full exercise of their overallotment option, according to the Associated Press. The shares will list on the Nasdaq under the ticker "MDMD." Underwriters include JPMorgan Chase JPM, Deutsche Bank DB, the Stifel Nicolaus Weisel unit of Stifel Financial SF and Pacific Crest Securities.