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ServiceNow Inc Announces Closing Of Follow-On Public Offering And Full Exercise Of Underwriters’ Option To Purchase Additional Shares


Tuesday, 20 Nov 2012 04:05pm EST 

ServiceNow Inc announced that the closing of its previously announced follow-on public offering of 16,100,000 shares of its common stock at a price to the public of $28.00 per share, which included the exercise in full by the underwriters of their option to purchase 2,100,000 additional shares of common stock. Of the 16,100,000 shares of ServiceNow’s common stock sold in the public offering, 1,897,500 shares were sold by ServiceNow and 14,202,500 shares were sold by selling stockholders. 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. 

Company Quote

65.91
1.37 +2.12%
1:59pm EDT