Newark-based ShotSpotter aims a bit higher as it sets IPO targets

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ShotSpotter, the startup whose software detects when and where firearms go off, set a price range for its planned IPO that aims a little higher than when it first filed earlier this month. The Newark company said it now hopes to raise up to $38.6 million, about 10 percent more than its preliminary top target. Click here to get the free TechFlash Silicon Valley newsletter. It plans to sell $2.8 million shares for between $10 and $12 each and list on Nasdaq with the symbol of SSTI. The company...

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