Vocera Communications, Inc. (NYSE: VCRA), a provider of mobile communication solutions focused on addressing critical communication challenges facing hospitals, today announced the pricing of its initial public offering of 5,850,000 shares of its common stock at a price to the public of $16.00 per share. The shares will trade on the New York Stock Exchange under the symbol “VCRA.” Vocera is offering 5,000,000 shares of common stock and selling stockholders are offering 850,000 shares of common stock. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to 877,500 additional shares of common stock at the initial public offering price to cover over-allotments, if any. Vocera will not receive any proceeds from the sale of shares by the selling stockholders.
J.P. Morgan Securities LLC and Piper Jaffray & Co. are acting as joint book-running managers for the offering. Robert W. Baird & Co., William Blair & Company, Wells Fargo Securities and Leerink Swann are acting as co-managers.
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.
A registration statement relating to the offering has been filed with,
and declared effective by, the Securities and Exchange Commission. The
offering is being made only by means of a final prospectus, which is
part of the effective registration statement. Copies of the final
prospectus, when available, may be obtained by contacting J.P. Morgan
Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, New York 11717, or by telephone at (866) 803-9204; or
Piper Jaffray & Co., 800 Nicollet Mall, J12S03, Minneapolis, Minnesota
55402, or by telephone at (800) 747-3924, or by e-mail at
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