Investors continue support of Q2ebanking IPO

Q2ebanking topped a gain of 6.3 percent to their $13 per share of stock on Thursday acquiring interested investors. Q2 Holdings Inc., maker of Q2ebanking said that investors showed their support by buying the initial public offering (IPO).

Since mid-afternoon Thursday trading, the company’s stock increased at $16 and closes at $16.13. 7.7 million shares were sold for its IPO. The investor holding the largest share is the Adams Street Partners LLC. The Chicago-based shareholder has the 37.6 percent of Q2ebanking’s IPO.

It was in 2004 that Q2ebanking was created, and its purpose is for electronic banking software development. It is the only Austin-based company to completely sell its IPO.

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