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Barracuda Announces Prices 4.14M Share IPO at $18.00/Share

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Barracuda Networks (NYSE: CUDA) today announced the pricing of its initial public offering of 4,140,000 shares of its common stock at a price to the public of $18 per share.  All of the shares are being offered by Barracuda.  In addition, Barracuda has granted the underwriters a 30-day option to purchase up to an additional 621,000 shares of common stock to cover over-allotments, if any.  The shares are expected to begin trading on the New York Stock Exchange on November 6, 2013, under the symbol "CUDA." 

Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and BofA Merrill Lynch are acting as lead joint bookrunners for the offering. William Blair & Company L.L.C., Pacific Crest Securities LLC and JMP Securities LLC are acting as co-managers for the offering.

A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. 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 offer,

See full press release

Posted-In: News Guidance Contracts IPOs Global

 

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