Xactly IPO Terms Set: 7m Shares at $10 – $12 Per Share

Xactly Inc. filed an amended registration with the SEC for its IPO this morning.  The company plans to sell 7.04m shares and sees an offering price of $10 – $12 per share.  Xactly will list under the symbol “XTLY” and will list on the NYSE.

Triton Research published a 69-page Dossier on Xactly Inc. on June 8, 2015.  Our Triton Research Company Score for Xactly is now under review.  For pricing information please contact Kaylan Tildsley at (212) 804-6151.

Triton Research Company Score (avg. 6.55): Contact Triton Research for more details.

Company Description: Develops and sells cloud-based software and associated services that help companies manage employee compensation and performance (primarily sales employees) and are sold on a subscription basis.

Competitive Set: Anaplan, Beqom, Zoho, CallidusCloud, Netsuite, Cornerstone OnDemand