Pluralsight, Inc. Announces Pricing of Follow-On Offering by Selling Stockholders
June 09 2020 - 10:46PM
Pluralsight, Inc. (NASDAQ: PS) today announced the pricing of an
underwritten public offering of 11,711,009 shares of its
Class A common stock by certain selling stockholders at a
public offering price of $19.50 per share. Certain of such
selling stockholders also granted the underwriters a 30-day option
to purchase up to an additional 1,756,651 shares of Class A
common stock. Pluralsight will not receive any proceeds from the
sale of the shares of its Class A common stock being offered by the
selling stockholders. This offering is expected to close on June
12, 2020 subject to customary closing conditions.
Morgan Stanley & Co. LLC is acting as lead
book-running manager for the offering. Barclays Capital Inc., BofA
Securities and SunTrust Robinson Humphrey, Inc. are acting as
book-runners.
The offering of Class A common stock will be
made only by means of a prospectus, copies of which may be obtained
from Morgan Stanley & Co. LLC, Attention: Prospectus
Department, 180 Varick Street, 2nd Floor, New York, New York
10014.
An automatic shelf registration statement on
Form S-3 relating to the offering of Class A common stock was filed
with the Securities and Exchange Commission on June 8, 2020 and
automatically became effective upon filing. This press release is
neither an offer to sell nor a solicitation of an offer to buy any
securities, nor shall it constitute an offer, solicitation or sale
of any securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such state or
jurisdiction.
About Pluralsight
Pluralsight is a leading technology skills and engineering
management platform. Trusted by forward-thinking companies of every
size in every industry, Pluralsight helps individuals and
businesses transform with technology through its Skills and Flow
products. Skills helps build technology skills at scale with
expert-authored courses on today’s most important technologies,
including cloud, artificial intelligence and machine learning, data
science, and security, among others. Skills also offers analytics
and Skill IQ and Role IQ assessments. Flow complements Skills by
providing visibility and analytics into software development
workflows to accelerate the delivery of products and services. For
more information about Pluralsight (NASDAQ: PS), visit
pluralsight.com.
Investor Relations
Contact: Mark McReynoldsInvestor
RelationsPluralsight801-784-9007mark-mcreynolds@pluralsight.com
Media Contact:
DJ
AndersonCommunications/PressPluralsight801-784-9007press@pluralsight.com
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