Stock IPO adds e-Commerce Solutions Company Demandware DWRE on the NYSE

According to a release from the company, Demandware, Inc. (NYSE: DWRE), a leading provider of software-as-a-service (SaaS) e-commerce solutions, announced the pricing of its initial public offering. The IPO for Demandware will include 5,500,000 shares of common stock at a price to the public of $16 per share.

The company announced that shares will trade on the NYSE under the symbol DWRE and should be available to stock traders beginning on The shares are expected to begin trading on The New York Stock Exchange on March 15, 2012.

In its statement Demandware said that Goldman, Sachs & Co. and Deutsche Bank Securities Inc. are acting as joint book-running managers for the offering. William Blair & Company, L.L.C., Oppenheimer & Co., Inc., Canaccord Genuity Inc. and First Analysis Securities Corporation are acting as co-managers.

In addition to the 5.5 Million shares scheduled as part of the IPO, the underwriters will also have a 30-day option to purchase up to an additional 825,000 shares of DWRE common stock. Earlier this week, the Securities and Exchange Commission declared a registration statement relating to these securities as valid.