Rubrik Announces Pricing of Upsized IPO
23,500,000 shares of class A common stock at $32 per share
This is a Press Release edited by StorageNewsletter.com on April 26, 2024 at 2:01 pmRubrik, Inc. announced the pricing of its upsized IPO of 23,500,000 shares of its class A common stock at a public offering price of $32.00 per share.
In addition, it has granted the underwriters a 30-day option to purchase up to an additional 3,525,000 shares of its class A common stock at the IPO price, less underwriting discounts and commissions. The shares are expected to begin trading on the New York Stock Exchange on April 25, 2024, under the symbol RBRK.
The offering is expected to close on April 29, 2024, subject to customary closing conditions.
Goldman Sachs & Co. LLC, Barclays, Citigroup, and Wells Fargo Securities are acting as lead book-running managers for this offering, with Goldman Sachs & Co. LLC acting as representative of the underwriters. Guggenheim Securities, Mizuho, Truist Securities, BMO Capital Markets, and Deutsche Bank Securities are acting as additional book-running managers. KeyBanc Capital Markets, Cantor, CIBC Capital Markets, Capital One Securities, Wedbush Securities, and SMBC Nikko are acting as co-managers for the offering.
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