[SatNews] RigNet, Inc. (NASDAQ: RNET) has closed its previously announced initial public offering of 5,000,000 shares of its common stock at an initial public offering price of $12.00 per share. RigNet sold, 3,333,334 shares of its common stock and selling stockholders sold the remaining 1,666,666 shares in the offering. Deutsche Bank Securities Inc. and Jefferies & Company, Inc. acted as joint book-running managers for the offering. Oppenheimer & Co. Inc. and Simmons & Company International were the co-managers of the offering.