Fastly Announces Launch of Follow-on Public Offering
May 18 2020 - 4:05PM
Business Wire
Fastly, Inc. (“Fastly”), provider of an edge cloud platform,
today announced that it has publicly filed a registration statement
on Form S-1 with the U.S. Securities and Exchange Commission
relating to a proposed follow-on public offering of 6,000,000
shares of its Class A common stock. In addition, Fastly intends to
grant the underwriters a 30-day option to purchase up to 900,000
additional shares of Class A common stock.
Morgan Stanley, Citigroup, BofA Securities and Credit Suisse are
acting as joint book-running managers for the proposed 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 proposed offering is being made only by means of a
prospectus. Copies of the preliminary 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 the U.S. Securities and Exchange Commission but has not
yet become effective. These securities may not be sold, nor may
offers to buy be accepted, prior to the time the registration
statement becomes effective. 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 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200518005712/en/
Press Relations Elaine Greenberg press@fastly.com
Investor Relations Maria Lukens IR@fastly.com
Fastly (NYSE:FSLY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Fastly (NYSE:FSLY)
Historical Stock Chart
From Apr 2023 to Apr 2024