Cardlytics Announces Pricing of Initial Public Offering
February 08 2018 - 6:41PM
Cardlytics, Inc., a purchase intelligence platform that helps make
marketing more relevant and measurable, today announced the pricing
of its initial public offering of 5,400,000 shares of common stock
at a price to the public of $13.00 per share, before underwriting
discounts and commissions. All of the shares of common stock are
being offered by Cardlytics. In addition, Cardlytics has granted
the underwriters a 30-day option to purchase up to an additional
810,000 shares of common stock. Cardlytics’ common stock is
expected to begin trading on the Nasdaq Global Market under the
ticker symbol “CDLX” on February 9, 2018. The offering is
expected to close on February 13, 2018, subject to the satisfaction
of customary closing conditions.BofA Merrill Lynch and J.P. Morgan
are acting as joint book-running managers and representatives of
the underwriters for the offering. Wells Fargo Securities and
SunTrust Robinson Humphrey are also acting as book-runners for the
offering. Raymond James and KeyBanc Capital Markets are
acting as co-managers for the offering. A registration statement
relating to the securities being sold in this offering was declared
effective by the U.S. Securities and Exchange Commission. This
offering is being made only by means of a prospectus. When
available, copies of the final prospectus relating to this offering
may be obtained by contacting: BofA Merrill Lynch, NC1-004-03-43,
200 North College Street, 3rd floor, Charlotte, NC 28255-0001,
Attention: Prospectus Department or by email at
dg.prospectus_requests@baml.com or J.P. Morgan Securities LLC,
c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, New York 11717, telephone: 866-803-9204.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 the registration or
qualification under the securities laws of such state or
jurisdiction.
About CardlyticsCardlytics uses
purchase intelligence to make marketing more relevant and
measurable. We partner with more than 2,000 financial institutions
to run their banking rewards programs that promote customer loyalty
and deepen banking relationships. In turn, we have a secure view
into where and when consumers are spending their money. We use
these insights to help marketers identify, reach and influence
likely buyers at scale, as well as measure the true sales impact of
marketing campaigns. Headquartered in Atlanta, Cardlytics has
offices in London, New York, Chicago and San
Francisco.
Media Contact ICR
cardlyticspr@icrinc.com
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