Glu Mobile (Nasdaq:GLUU) today announced the pricing of its initial public offering of 7,300,000 shares of common stock at a price to the public of $11.50 per share. The Company has also granted the underwriters a 30-day option to purchase up to an additional 1,095,000 shares from Glu and certain selling stockholders. Glu�s common stock will be listed on the Nasdaq Global Market under the symbol �GLUU� and will begin trading on Thursday, March 22, 2007. Goldman, Sachs & Co. acted as the sole book-runner for the offering, with Lehman Brothers Inc. acting as co-lead manager, and Banc of America Securities LLC and Needham & Company, LLC acting as co-managers. A copy of the final prospectus relating to the offering may be obtained by contacting Goldman, Sachs & Co., Attn: Prospectus Department, 85 Broad Street, New York, New York 10004, via fax at 212-902-9316 or via e-mail at prospectus-ny@ny.email.gs.com, or directly from the U.S. Securities and Exchange Commission at www.sec.gov. A registration statement relating to the offering was filed with and declared effective by the Securities and Exchange Commission. The offering is being made solely by means of a prospectus. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
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