Fastly Prices Follow-on Public Offering
May 21 2020 - 12:45AM
Business Wire
Fastly, Inc. (“Fastly”), provider of an edge cloud platform,
today announced the pricing of its follow-on public offering of
6,000,000 shares of Class A common stock at a price to the public
of $41.50 per share. In addition, Fastly has granted the
underwriters a 30-day option to purchase up to an additional
900,000 shares of Class A common stock at the public offering price
less underwriting discounts and commissions.
Morgan Stanley, Citigroup, BofA Securities and Credit Suisse are
acting as joint book-running managers for the offering. William
Blair, Raymond James, Baird, Oppenheimer & Co., Stifel,
Craig-Hallum Capital Group and D.A. Davidson & Co. are acting
as co-managers for the offering.
The offering is being made only by means of a prospectus. Copies
of the final prospectus, when available, may be obtained from:
Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180
Varick Street, 2nd Floor, New York, New York 10014; Citigroup
Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, New York 11717, or by telephone at (800)
831-9146; BofA Securities, Attention: Prospectus Department,
NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC
28255-0001 or by email at dg.prospectus_requests@bofa.com; or
Credit Suisse Securities (USA) LLC, Attention: Prospectus
Department, Eleven Madison Avenue, 3rd floor, New York, NY 10010,
or by telephone at (800) 221-1037, or by email at
usa.prospectus@credit-suisse.com.
A registration statement relating to these securities has been
filed with, and declared effective by, the U.S. Securities and
Exchange Commission. 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.
Source: Fastly, Inc.
About Fastly
Fastly helps people stay better connected with the things they
love. Fastly’s edge cloud platform enables customers to create
great digital experiences quickly, securely, and reliably by
processing, serving, and securing our customers’ applications as
close to their end-users as possible — at the edge of the internet.
The platform is designed to take advantage of the modern internet,
to be programmable, and to support agile software development.
Fastly’s customers use our edge cloud platform to ensure
concertgoers can buy tickets to the live events they love,
travelers can book flights seamlessly and embark on their next
great adventure, and sports fans can stream events in real time,
across devices. They include many of the world’s most prominent
companies, including Alaska Airlines, The New York Times, and
Ticketmaster.
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version on businesswire.com: https://www.businesswire.com/news/home/20200520005944/en/
Press Relations Elaine Greenberg press@fastly.com
Investor Relations Maria Lukens IR@fastly.com
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