MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--
Pure Storage (NYSE:PSTG) today announced the pricing of its initial
public offering of 25,000,000 shares of its Class A common stock at a
price to the public of $17.00 per share. In addition, Pure Storage has
granted the underwriters a 30-day option to purchase up to an additional
3,750,000 shares of Class A common stock. The shares are expected to
begin trading on the New York Stock Exchange on October 7, 2015 under
the symbol "PSTG".
Morgan Stanley and Goldman, Sachs & Co. are acting as lead book-running
managers for the proposed offering. Barclays, Allen & Company LLC and
BofA Merrill Lynch will act as book-running managers, and Pacific Crest
Securities, a division of KeyBanc Capital Markets, Stifel, Raymond James
and Evercore ISI will act as co-managers.
The offering is being made only by means of a prospectus. A copy of the
final prospectus, when available, may be obtained from Morgan Stanley &
Co. LLC, Attention: Prospectus Department, 180 Varick Street, Second
Floor, New York, New York 10014, or Goldman, Sachs & Co., Attention:
Prospectus Department, 200 West Street, New York, New York 10282, by
telephone at 1-866-471-2526, or by email at prospectus-ny@ny.email.gs.com.
A registration statement relating to these securities has been filed
with, and declared effective by, the Securities and Exchange Commission.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151006007003/en/
Pure Storage
Andy Connor, 650-243-0481 (IR contact)
IR@purestorage.com
Amy
Cronk, 650-468-4724 (media contact)
pr@purestorage.com
or
Brunswick
Group
John Gallagher, 415-316-8060 (media contact)
purestorage@brunswickgroup.com
Source: Pure Storage