SANTA CLARA, Calif.,
July 21, 2021 /PRNewswire/
-- Couchbase, Inc. (Couchbase), provider of a leading modern
database for enterprise applications, today announced the pricing
of its initial public offering of 8,339,130 shares of its common
stock at a price to the public of $24.00 per share. The underwriters have a
30-day option to purchase up to an additional 1,250,869 shares
of common stock from Couchbase at the initial public offering
price, less underwriting discounts and commissions.
The shares are expected to begin trading on the Nasdaq Global
Select Market on Thursday, July 22,
2021 under the ticker symbol "BASE." The offering is
expected to close on July 26, 2021,
subject to customary closing conditions.
Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC are
acting as lead book-running managers for the offering. Barclays
Capital Inc. and RBC Capital Markets, LLC are acting as joint
book-running managers for the offering. William Blair & Company, L.L.C., Stifel,
Nicolaus & Company, Incorporated, Baird and Oppenheimer &
Co. Inc. are acting as co-managers for the offering.
The offering is being made only by means of a prospectus. Copies
of the final prospectus may be obtained, when available, from:
Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor,
New York, New York 10014, Attn:
Prospectus Department; and Goldman Sachs & Co. LLC, 200 West
Street, New York, New York 10282,
Attn: Prospectus Department, Telephone: 866-471-2526, Email:
prospectus-ny@ny.email.gs.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 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.
About Couchbase
At Couchbase, we believe data is at
the heart of the enterprise. We empower developers and architects
to build, deploy and run their mission-critical applications.
Couchbase delivers a high-performance, flexible and scalable modern
database that runs across the data center and any cloud. Many of
the world's largest enterprises rely on Couchbase to power the core
applications their businesses depend on.
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SOURCE Couchbase