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CafePress has stated that it hopes the 4.5 million shares will raise $77 million with a market capitalization of $289 million. Stocks will be issued at $17 per share.
The company filed its IPO registration statement with the Security and Exchange Commission in June 2011. In anticipation of the sales, CafePress today filed a motion with the SEC to change its ticker symbol from CPRS to PRSS. The company still plans on trading on the NASDAQ.
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