Fusion-io Plans $100 Million Secondary Offering

Around 3% of its capitalization

This is a Press Release edited by StorageNewsletter.com on November 10, 2011 at 2:48 pm

Fusion-io, Inc. has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed public offering of shares of its common stock. Fusion-io is proposing to sell approximately $100 million of its shares.

The remaining shares will be sold by existing stockholders, including any shares issued to the underwriters to cover over-allotments.

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