AIRPORT CITY, Israel, Oct. 19 /PRNewswire/ -- SodaStream International Ltd. today announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its ordinary shares. SodaStream manufactures home beverage carbonation systems, which enable consumers to easily transform ordinary tap water instantly into carbonated soft drinks and sparkling water.
J.P. Morgan Securities LLC and Deutsche Bank Securities Inc. are acting as the joint bookrunning managers for the offering. SodaStream is offering 4,736,842 shares. In addition, the company has granted the underwriters a 30-day option to purchase an additional 710,526 ordinary shares solely to cover overallotments. SodaStream has applied to have its ordinary shares quoted on the NASDAQ Global Market under the ticker symbol "SODA".
A registration statement relating to these securities has been filed with the 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 a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
When available, a copy of the preliminary prospectus may be obtained from J.P. Morgan Securities LLC, via telephone at: (866) 803-9204 or by mail at c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717; or from Deutsche Bank Securities Inc., via telephone: (800) 503-4611, or standard mail at 100 Plaza One, Jersey City, New Jersey 07311, Attn: Prospectus Department.
SodaStream manufactures home beverage carbonation systems, which enable consumers to easily transform ordinary tap water instantly into carbonated soft drinks and sparkling water. Soda makers offer a highly differentiated and innovative solution to consumers of bottled and canned carbonated soft drinks and sparkling water. Our products are environmentally friendly, costeffective, promote health and wellness, and are customizable and fun to use. In addition, our products offer convenience by eliminating the need to carry bottles home from the supermarket, to store bottles at home or to regularly dispose of empty bottles. Our products are available at more than 35,000 retail stores in 39 countries around the world.
SOURCE SodaStream International Ltd.