Shares of SciQuest are expected to begin trading publicly as soon as this week, marking a return to Wall Street for the Cary technology company.
SciQuest filed for an initial public offering of stock in March. Company officials, including CEO Stephen Wiehe, have been meeting with mutual-fund managers and other big investors in New York, Chicago, Baltimore and other cities during the past two weeks to persuade them to bet on SciQuest's prospects.
The IPO is expected to happen Thursday evening, allowing SciQuest shares to begin trading on Friday. Any number of factors could delay the deal, including volatility on the broader stock market.