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NC’s Consonus Technologies slashes IPO size by half

June 11th, 2008

CARY, NC – Consonus Technologies, which sells IT infrastructure and data-center services, has slashed the number of shares it plans to sell in an intital offering of public stock from 6 million to 3 million.

According to the companies latest filing with the U.S. Securities and Exchange Commission, Consonus now plans to offer 3 million shares priced between $8 and $10 a share rather than 6 million at between $7 and $9 a share.

The company, which merged with Cary-based Strategic Technologies last year, was founded in Salt Lake City in 1996.

 

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