Snowflake Files Registration Statement for Proposed IPO

Snowflake, Inc. publicly filed a registration statement on Form S-1 with the US SEC relating to a proposed initial public offering of its Class A common stock.

The number of shares to be offered and the price range for the proposed offering have not yet been determined. Snowflake intends to list its Class A common stock on the New York Stock Exchange under the ticker symbol SNOW.

Goldman Sachs & Co. LLC, Morgan Stanley, J.P. Morgan, Allen & Company LLC, and Citigroup, Inc. will act as lead book-running managers for the proposed offering. Credit Suisse, Barclays, Deutsche Bank Securities, Mizuho Securities and Truist Securities will act as book-running managers for the proposed offering. BTIG, Canaccord Genuity, Inc., Capital One Securities, Cowen, D.A. Davidson & Co., JMP Securities LLC, Oppenheimer & Co., Inc., Piper Sandler, Stifel, Academy Securities, Inc., Loop Capital Markets LLC, Ramirez & Co., Inc., and Siebert Williams Shank & CO, LLC will act as co-managers for the proposed offering.