SendGrid Announces Closing of Follow-on Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares
SENDGRID INC (SEND)
Last sendgrid inc earnings: 11/6 04:15 pm
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US:NYSE Investor Relations:
investors.sendgrid.com/home/default.aspx
Company Research
Source: Business Wire
DENVER--(BUSINESS WIRE)-- SendGrid, Inc. (NYSE: SEND), a leading digital communication platform, today announced the closing of its follow-on public offering of 7,514,369 shares of its common stock at a price to the public of $24.00 per share. SendGrid sold 600,000 of the shares, and the selling stockholders sold 6,914,369 of the shares, which included 980,135 shares sold by certain selling stockholders upon the full exercise by the underwriters of their option to purchase additional shares. Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC acted as joint book-running managers for the offering. William Blair & Company, L.L.C., KeyBanc Capital Markets Inc., Piper Jaffray & Co., Stifel, Nicolaus & Company, Incorporated and Canaccord Genuity LLC 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, At
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