Xactly Corporation Announces Closing of Initial Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares

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SAN JOSE, Calif.--(BUSINESS WIRE)--Xactly (NYSE:XTLY) announced today the closing of its initial public offering of 8,093,125 shares of its common stock at a price to the public of $8.00 per share. Xactly sold 7,909,125 shares of common stock, inclusive of the full exercise by the underwriters of their option to purchase 1,055,625 shares of common stock to cover over-allotments, and certain selling stockholders sold 184,000 shares of common stock. The shares are listed for trading on the New Yo

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