Infoblox Prices 5M Share Offering at $20/Share

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Infoblox
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
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Posted In: NewsGuidanceManagementGlobal
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