PALO ALTO, Calif., April 27, 2017 /PRNewswire/ -- Cloudera, Inc.
(NYSE: CLDR), provider of the leading modern platform for machine
learning and advanced analytics built on the latest open source
technologies, announced the pricing of its initial public offering
of 15,000,000 shares of its common stock at a price to the public
of $15.00 per share. In addition,
Cloudera has granted the underwriters a 30-day option to purchase
up to an additional 2,250,000 shares of common stock. The shares
are expected to begin trading on the New York Stock Exchange under
the symbol "CLDR" on April 28,
2017.
Morgan Stanley, J.P. Morgan, and Allen & Company LLC are
acting as lead bookrunners for the offering. BofA Merrill Lynch,
Citigroup, and Deutsche Bank Securities are acting as book-running
managers and Stifel, JMP Securities, and Raymond James are acting as co-managers.
The offering is being made only by means of a prospectus. A copy
of the final prospectus, when available, may be obtained from
Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180
Varick Street, 2nd Floor, New York,
NY 10014, from 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 and from
Allen & Company LLC, Attention: Prospectus Department, 711
Fifth Avenue, 10th Floor, New York New
York 10022 or by telephone at 212-339-2220 or by email at
dweidlein@allenco.com.
A registration statement relating to these securities has been
filed with, and declared effective by, the 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.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/cloudera-announces-pricing-of-initial-public-offering-marking-its-debut-as-a-public-company-300447800.html
SOURCE Cloudera, Inc.