MOUNTAIN VIEW, Calif., Oct. 22, 2015 /PRNewswire/ -- Pure Storage (NYSE: PSTG) today announced the closing of its initial public offering of 25,000,000 shares, and the exercise in full of the underwriters' option to purchase an additional 3,750,000 shares of Pure Storage's Class A common stock at a price to the public of $17.00 per share.
A total of 28,750,000 shares of Class A common stock were sold in the initial public offering, for a total of over $485 million in gross proceeds.
Morgan Stanley and Goldman, Sachs & Co. acted as lead book-running managers for the offering. Barclays, Allen & Company LLC and BofA Merrill Lynch acted as book-running managers, and Pacific Crest Securities, a division of KeyBanc Capital Markets, Stifel, Raymond James and Evercore ISI acted as co-managers.
The offering was made only by means of a prospectus. A copy of the final prospectus may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, Second Floor, New York, New York 10014, or Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, New York 10282, by telephone at 1-866-471-2526, or by email at [email protected].
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, 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.
SOURCE Pure Storage