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California-based spend management software company prices IPO

Coupa Software Inc. priced its of 7,400,000 common shares at $18.00per share.

The shares are expected to begin trading Oct. 6 on theNasdaq Global Market under the symbol COUP.

The offering is expected to close Oct. 12.

The underwriters were granted a 30-day option to purchase upto 1,110,000 additional shares to cover any overallotments.

Coupa is a San Mateo, Calif.-based provider of cloud-basedspend management technology connecting more than 460 organizations with about 2million suppliers globally.