In 2004, Marhex held its Initial Public Offering (IPO) offering 4 million shares at $6.50 per share. The company traded 37% of its stocks during its first day of trading raising $ 27.2 million, making it the most successful public offering during that year.<ref>[http://www.enotes.com/company-histories/marchex-inc/ipo-2004 Marchex IPO]</ref> | In 2004, Marhex held its Initial Public Offering (IPO) offering 4 million shares at $6.50 per share. The company traded 37% of its stocks during its first day of trading raising $ 27.2 million, making it the most successful public offering during that year.<ref>[http://www.enotes.com/company-histories/marchex-inc/ipo-2004 Marchex IPO]</ref> |