Infoblox Inc. (NYSE:BLOX) today announced the pricing of its secondary public offering of 5,000,000 shares of its common stock at a price to the public of $20.00 per share. All of the shares are being sold by existing stockholders of the company. The underwriters have been granted a 30-day option to purchase up to an additional 750,000 shares of common stock from certain of the selling stockholders. As part of the offering, all selling stockholders and certain other stockholders have agreed to lock-up agreements that will extend the initial public offering lock-up period on their remaining shares until 90 days after this offering.
Infoblox will not receive any proceeds from the sale of the shares in this offering. The principal purposes of the offering are to facilitate an orderly distribution of the company’s outstanding shares and increase the company’s public float.
Morgan Stanley & Co. LLC and Goldman, Sachs & Co. are acting as lead joint book-running managers for the offering, UBS Securities LLC is serving as a joint book-running manager for the offering, and Pacific Crest Securities LLC, JMP Securities LLC and Stephens Inc. are serving as co-managers for the offering.
A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. The offering is being made only by means of a prospectus. A copy of the final prospectus related to the offering may be obtained from Morgan Stanley & Co. LLC, via telephone: (866) 718-1649, email: email@example.com, or standard mail at Morgan Stanley & Co. LLC, 180 Varick Street, New York, NY 10014, Attn: Prospectus Department; or from Goldman, Sachs & Co., via telephone: (866) 471-2526, email: firstname.lastname@example.org, or standard mail at Goldman, Sachs & Co, 200 West Street, New York, NY 10282, Attn: Prospectus Department.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