SS&C Technologies Holdings, Inc. (NASDAQ: SSNC), a global provider of financial services software and software-enabled services, today announced that the underwriters of its recently completed initial public offering of common stock have exercised their option to purchase an additional 1,608,750 shares of common stock to cover over-allotments. The sale of additional shares is anticipated to close on April 13, 2010, subject to customary closing conditions. Including proceeds from the sale of the additional shares, the aggregate net proceeds to SS&C from the initial public offering, after deducting underwriting discounts and commissions and estimated offering expenses, are approximately $134.8 million.
J.P. Morgan Securities Inc., Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. Incorporated and Deutsche Bank Securities Inc. acted as joint book-running managers for the offering. Jefferies & Company, Inc., Raymond James & Associates, Inc. and Wells Fargo Securities, LLC acted as co-managers of the offering.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on March 30, 2010. The public offering was made by means of a written prospectus, copies of which may be obtained from J.P. Morgan Securities Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by calling toll-free at 1-866-803-9204; Credit Suisse Securities (USA) LLC, One Madison Avenue, Attn: Prospectus Dept., New York, NY, 10010 or by calling toll free at (800) 221-1037; Morgan Stanley & Co. Incorporated, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, or by calling toll free at (866) 718-1649 or by email to firstname.lastname@example.org; or Deutsche Bank Securities Inc., Attn: Prospectus Department, 100 Plaza One, Jersey City, New Jersey, 07311, by calling toll free at (800) 503-4611 or by email to email@example.com.
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 state or jurisdiction.