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AUSTIN, Texas, Dec. 10, 2013 (GLOBE NEWSWIRE) -- HomeAway, Inc. (Nasdaq:AWAY) today announced that it intends to file a registration statement with the Securities and Exchange Commission for a proposed public offering of common stock. HomeAway intends to offer 5.5 million shares of common stock and selling stockholders intend to offer 518,630 shares of common stock. In addition, the selling stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 902,794 shares to cover over-allotments, if any.
The offering is subject to market and other conditions, including the effectiveness of the registration statement to be filed under the Securities Act of 1933. This announcement is being made pursuant to and in accordance with Rule 135 under the Securities Act. As required by Rule 135, this press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. Cautionary Statement
Statements contained in this press release that are not historical facts are "forward-looking" statements within the meaning of the federal securities laws. Forward-looking statements, including statements regarding the completion of the proposed public offering and any of the terms thereof, are uncertain and subject to a variety of risks that could cause actual results to differ materially from those expected by HomeAway. You should consider the risk factors identified in the registration statement and in HomeAway's filings with the Securities and Exchange Commission, including its Form 10-Q and in other SEC filings. HomeAway undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.