Pure Storage Prices 25M Share IPO @$17.00/Share

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MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Pure Storage
PSTG
announced Tuesday, the pricing of its initial public offering of 25,000,000 shares of its Class A common stock at a price to the public of $17.00 per share. In addition, Pure Storage has granted the underwriters a 30-day option to purchase up to an additional 3,750,000 shares of Class A common stock. The shares are expected to begin trading on the New York Stock Exchange on October 7, 2015 under the symbol "PSTG". Morgan Stanley and Goldman, Sachs & Co. are acting as lead book-running managers for the proposed offering. Barclays, Allen & Company LLC and BofA Merrill Lynch will act as book-running managers, and Pacific Crest Securities, a division of KeyBanc Capital Markets, Stifel, Raymond
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