Fusion-io Closed IPO

Officially net proceeds of $223 million

This is a Press Release edited by StorageNewsletter.com on June 15, 2011 at 3:16 pm

Fusion-io Inc. has closed its previously announced initial public offering of shares of its common stock and that the underwriters have fully exercised their option to purchase additional shares, purchasing an additional 1,845,000 shares of common stock.

Including the option to purchase additional shares, Fusion-io sold 12,600,607 shares in the offering, resulting in net proceeds of approximately $222.7 million after deducting the underwriting discounts and commissions.

Goldman, Sachs & Co. and Morgan Stanley & Co. LLC acted as lead joint book-runners for the offering, and J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC acted as joint book-runners.