OpenTable Prices $60M IPO

OpenTable, Inc., a leading provider of free online reservations for diners and guest management systems for restaurants, today announced the pricing of its initial public offering of 3,000,000 shares of common stock at a price of $20.00 per share. A total of 1,572,684 shares are being offered by OpenTable, Inc., and a total of 1,427,316 shares are being offered by selling stockholders. In addition, OpenTable, Inc. has granted the underwriters a 30-day option to purchase up to an additional 450,000 shares to cover over-allotments, if any. The sole bookrunning manager of the offering is Merrill Lynch & Co. The senior co-manager is Allen & Company LLC, and Stifel, Nicolaus & Company, Incorporated and ThinkEquity LLC are the co-managers. OpenTable’s common stock will trade on the NASDAQ Global Market under the symbol “OPEN.”