SAN FRANCISCO, May 4, 2011 (GLOBE NEWSWIRE) -- RPX Corporation (Nasdaq:RPXC - News) today announced the pricing of its initial public offering of 8,430,435 shares of its common stock at $19 per share. The underwriters have been granted a 30-day option to purchase up to an additional 1,264,565 shares of common stock, of which 634,565 are from RPX and 630,000 are from selling stockholders, to cover over-allotments, if any. The shares will begin trading today on the NASDAQ Global Select Market under the symbol "RPXC."
RPX Corporation is a provider of patent risk solutions, offering defensive buying, acquisition syndication, patent intelligence and advisory services. By acquiring patents, RPX helps to mitigate and manage patent risk for its growing client network.
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