Infoblox Inc. (NYSE: BLOX) today announced that Morgan Stanley & Co. LLC and Goldman, Sachs & Co., the lead book-running managers of the company’s initial public offering in April 2012, are releasing a lock-up restriction with respect to 5,750,000 shares of the company’s common stock held by certain officers, directors and stockholders of Infoblox. The release will take effect concurrently with Infoblox’s recently announced secondary offering.
As previously announced, on September 19, 2012, Infoblox filed a registration statement with the Securities and Exchange Commission for a proposed secondary offering of shares of its common stock, which it amended on October 1, 2012. All of the shares to be sold in the offering will be sold by existing stockholders of the company. Infoblox will not receive any proceeds from the sale of the shares. The principal purposes of the offering are to facilitate an orderly distribution of the company’s outstanding shares and to increase the company’s public float.
Morgan Stanley & Co. LLC and Goldman, Sachs & Co. will act as lead joint book-running managers for the offering, and UBS Securities LLC will act as a joint book-running manager for the offering. Pacific Crest Securities LLC, JMP Securities LLC and Stephens Inc. will serve as co-managers for the offering.
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 that the registration statement becomes effective. The registration statement on Form S-1 may be accessed through the Securities and Exchange Commission’s website at edgar.sec.gov.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 an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV