ServiceNow Announces The Closing Of Its Initial Public Offering And Full Exercise Of The Underwriters’ Over-Allotment Option
ServiceNow, Inc. (NYSE: NOW), a leading provider of cloud-based services
to automate enterprise IT operations, today announced the closing, on
July 5, 2012, of its previously announced initial public offering of
ServiceNow, Inc. (NYSE: NOW), a leading provider of cloud-based services to automate enterprise IT operations, today announced the closing, on July 5, 2012, of its previously announced initial public offering of 13,397,500 shares of its common stock at a price to the public of $18.00 per share, which included 1,747,500 shares of common stock issued upon the exercise in full of the underwriters’ option to purchase additional shares to cover over-allotments. Of the 13,397,500 shares of ServiceNow common stock sold, 10,350,000 shares were sold by ServiceNow and 3,047,500 shares were sold by selling stockholders. The shares began trading on the New York Stock Exchange on June 29, 2012 under the symbol "NOW". Morgan Stanley & Co. LLC, Citigroup Global Markets, Inc., and Deutsche Bank Securities Inc. acted as lead book-running managers for the offering. Barclays Capital Inc., Credit Suisse Securities (USA) LLC, and UBS Securities LLC acted as joint book-running managers for the offering. Pacific Crest Securities LLC and Wells Fargo Securities, LLC acted as co-managers. A registration statement relating to these securities has been filed with, and was 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, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, or by calling (866) 718-1649, or by emailing a request to firstname.lastname@example.org; from Citigroup Global Markets, Inc., Brooklyn Army Terminal, 140 58th Street, 8th floor, Brooklyn, NY 11220, or by calling (800) 831-9146, or by emailing a request to email@example.com; or from Deutsche Bank Securities Inc., Attention: Prospectus Department, Harborside Financial Center, 100 Plaza One, Jersey City, NJ 07311-3988, or by calling (800) 503-4611, or by emailing a request to firstname.lastname@example.org. 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.