Snowflake Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Sha...
September 18 2020 - 12:02PM
Business Wire
Snowflake, the cloud data platform, today announced the closing
of its initial public offering of 32,200,000 shares of Class A
common stock, including the full exercise by the underwriters of
their option to purchase 4,200,000 additional shares of Class A
common stock, at a price to the public of $120.00 per share. The
shares are listed for trading on the New York Stock Exchange under
the ticker symbol “SNOW.”
Goldman Sachs & Co. LLC, Morgan Stanley, J.P. Morgan, Allen
& Company LLC, and Citigroup acted as lead book-running
managers for the offering. Credit Suisse, Barclays, Deutsche Bank
Securities, Mizuho Securities, and Truist Securities acted as
book-running managers, and BTIG, Canaccord Genuity, Capital One
Securities, Cowen, D.A. Davidson & Co., JMP Securities,
Oppenheimer & Co., Piper Sandler, Stifel, Academy Securities,
Loop Capital Markets, Ramirez & Co., Inc., and Siebert Williams
Shank acted as co-managers for the offering.
The offering was made only by means of a prospectus. Copies of
the final prospectus may be obtained from: Goldman Sachs & Co.
LLC, Attn: Prospectus Department, 200 West Street, New York, NY
10282, by telephone at (866) 471-2526, by facsimile at (212)
902-9316 or by email at prospectus-ny@ny.email.gs.com; Morgan
Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick
Street, Second Floor, New York, NY 10014; J.P. Morgan Securities
LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717, by email at prospectus-eq_fi@jpmorgan.com or by
telephone at (866) 803-9204; Allen & Company LLC, Attn:
Prospectus Department, 711 Fifth Avenue, 10th Floor, New York, NY
10022, by telephone at (212) 339-2696 or by email at
allenprospectus@allenco.com; or Citigroup Global Markets Inc., c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood,
NY 11717, by telephone at (800) 831-9146.
A registration statement relating to the sale of 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
these securities, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20200918005462/en/
Investor Contact Jimmy Sexton, Head of IR
IR@snowflake.com
Press Contacts Eszter Szikora, Head of PR
Press@snowflake.com
Danica Stanczak, Sr. Manager, PR Press@snowflake.com
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