SAN FRANCISCO, March 27, 2015 /PRNewswire/ -- Globant S.A.
(NYSE: GLOB), a new-breed technology services provider focused on
delivering innovative software solutions, today announced the
pricing of its secondary public offering of 3,473,382 common shares
by certain of its shareholders, which represents a 20% increase in
the amount of shares offered over the 2,906,266 common shares
announced at the commencement of the offering on March 23, 2015. The common shares were sold to
the public at a price of $18.50 per
share. The closing price of the Company's common shares on
March 26, 2015 was $18.50 per share. The Company will not receive
any proceeds from the sale of common shares by the selling
shareholders.
The underwriters of the offering have a 30-day option to
purchase up to an additional 521,008 common shares from certain of
the selling shareholders.
J.P. Morgan Securities LLC, Citigroup Global Markets Inc. and
Credit Suisse Securities (USA) LLC
are acting as joint book-running managers for the offering.
William Blair & Company, L.L.C.,
Cowen and Company, LLC and LOYAL3 Securities, Inc. are acting as
co-managers for the offering.
Registration statements relating to the offering became
effective on March 26, 2015. The
offering is being made solely by means of a written prospectus
forming part of the effective registration statements. The final
prospectus relating to the offering may be obtained for free by
visiting the SEC website at http://www.sec.gov or from J.P. Morgan
Securities LLC, c/o Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, New York
11717, or by calling (866) 803-9204, or from Citigroup Global
Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, New York 11717
or by calling (800) 831-9146.
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.
About Globant
Globant (NYSE: GLOB) is a new-breed technology services provider
focused on delivering innovative software solutions by leveraging
emerging technologies and trends. Globant combines the engineering
and technical rigor of IT services providers with the creative
approach and culture of digital agencies. Customers select Globant
as the place where engineering, design and innovation meet scale.
In only 12 years, Globant has grown into a company with more than
3,700 professionals working for customers like Google, eBay
Classifieds Group, JWT, EA and Coca-Cola, among others, has been
recognized as one of the Top 10 Most Innovative Companies in
South America by FastCompany, was
included in the 2010 Cool Vendor in Business Process Services
Report by Gartner, and has been featured in case studies at
Harvard, MIT and Stanford.
Investor Relations Contact:
Juan Urthiague, Globant
investors@globant.com
(877) 215-5230
Media Contact:
Wanda Weigert, Globant
press@globant.com
(877) 215-5230
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SOURCE Globant