Nutanix Raises $238 Million in IPOGood operation?
This is a Press Release edited by StorageNewsletter.com on 2016.10.03
Nutanix, Inc. announced the pricing of its upsized IPO of 14,870,000 shares of class A common stock at a price of $16.00 per share.
The shares are expected to begin trading on the NASDAQ Global Select Market on September 30, 2016 under the symbol NTNX.
All of the shares are being offered by Nutanix. Additionally, the company has granted the underwriters a 30-day option to purchase up to 2,230,500 additional shares of class A common stock from Nutanix at the PO price.
Goldman, Sachs & Co. and Morgan Stanley & Co. LLC are acting as lead book-running managers, J.P. Morgan Securities LLC and RBC Capital Markets, LLC are acting as book-running managers for the offering. Robert W. Baird & Co. Incorporated; Needham & Company LLC; Oppenheimer & Co. Inc.; Pacific Crest Securities, a division of KeyBanc Capital Markets Inc.; Piper Jaffray & Co.; Raymond James; Stifelh; and William Blair & Company, L.L.C. are acting as co-managers.