Petaluma's Calix Networks will sell shares at $13 - the high end of its projected range - when it makes its public debut on Wall Street today, market sources said Tuesday.
Calix plans to sell 6.3 million shares for $82 million, with Calix private stockholders receiving about $28 million of the proceeds.
The company will receive about $54 million.
The price was reported late Tuesday by Renaissance Capital.
Calix, which makes broadband access equipment for telephone and cable providers, said in November it would try to raise $100 million in Sonoma County's first IPO in three years.
Earlier this month, the company said shares would sell for between $11 and $13.
Calix was founded in 1999 and has about 400 employees. It has raised more than $200 million in venture capital over the past 10 years.
It will be listed on the New York Stock Exchange under the symbol "CALX."
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