AUSTIN, Texas, Aug. 18, 2020 /PRNewswire/ -- DLA Piper represented the underwriters in the US$119 million registered public offering of 3,500,000 shares of common stock of Upland Software, Inc. (Nasdaq: UPLD), an Austin-based leader in cloud-based tools for digital transformation, at a price of $34.00 per share.
Upland granted the underwriters a 30-day option to purchase an additional 525,000 shares of common stock. The underwriting syndicate was led by Credit Suisse as lead book-running manager for the offering. Jefferies, Canaccord Genuity and Needham & Company are acting as book-running managers. Craig-Hallum Capital Group, Raymond James, Roth Capital Partners and William Blair are acting as co-managers for the offering.
"We were pleased to deliver our extensive technology and capital markets experience to this transaction," said John J. Gilluly III, global co-chair of DLA Piper's Corporate practice, who led the firm's deal team.
DLA Piper's global capital markets team represents issuers and underwriters in registered and unregistered equity, equity-linked and debt capital markets transactions, including initial public offerings, follow-on equity offerings, equity-linked securities offerings, and offerings of investments grade and high-yield debt securities.
DLA Piper's global Technology sector lawyers work across practice areas and offices to support technology clients – from startups to fast-growing and mid-market businesses to mature global enterprises – doing business around the world.
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SOURCE DLA Piper