SILICON SLOPES, Utah,
May 21, 2018 /PRNewswire/ --
Pluralsight, Inc. (NASDAQ: PS) today announced the closing of its
initial public offering of 23,805,000 shares of its Class A common
stock at a public offering price of $15.00 per share, which includes the full
exercise of the underwriters' option to purchase 3,105,000
additional shares. Pluralsight estimates its net proceeds from the
offering will be approximately $326.0
million after deducting underwriting discounts and
commissions and estimated offering expenses. The shares began
trading on The Nasdaq Global Select Market under the ticker symbol
"PS" on May 17, 2018.
Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC
acted as lead book-running managers for the offering. Barclays
Capital Inc. and BofA Merrill Lynch acted as book-running managers.
First Analysis Securities Corporation, Needham & Company, LLC,
Raymond James & Associates,
Inc., and SunTrust Robinson Humphrey, Inc. acted as
co-managers.
A registration statement relating to these securities has been
filed with, and declared effective by, the U.S. Securities and
Exchange Commission ("SEC"). Copies of the registration statement
can be accessed through the SEC's website at www.sec.gov.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
The offering was made only by means of a prospectus forming part
of the effective registration statement. Copies of the final
prospectus related to the offering may be obtained from Morgan
Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick
Street, 2nd Floor, New York, New
York 10014; or J.P. Morgan Securities LLC, c/o Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at
866-803-9204 or by email at prospectus-eq_fi@jpmchase.com.
Media Contact:
DJ Anderson
press@pluralsight.com
Investor Relations Contact:
Mark McReynolds
mark-mcreynolds@pluralsight.com
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SOURCE Pluralsight