From Earlier: Splunk Prices Secondary Public Offering of 11.74M Shares at $28.25
Splunk Inc. (NASDAQ: SPLK) announced the pricing of 11,744,064 shares of its common stock at $28.25 per share in a secondary offering. All of the shares will be sold by existing stockholders. In addition, the underwriters have a 30-day option to purchase up to 1,761,609 additional shares of common stock from certain of the selling stockholders. As part of the offering, all selling stockholders have agreed to lock-up agreements that will extend the initial public offering lock-up period on 50% of their shares until 180 days after this offering.
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