New Relic Announces Pricing of Initial Public Offering
Shares to Trade on NYSE Under Ticker Symbol "NEWR"
Software analytics company New Relic, Inc. today announced the pricing of its initial public offering of 5,000,000 shares of its common stock at a price to the public of $23.00 per share. The shares are expected to begin trading on the New York Stock Exchange on December 12, 2014, under the symbol "NEWR." In addition, New Relic has granted the underwriters a 30-day option to purchase up to 750,000 additional shares of common stock from New Relic at the initial public offering price.
Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, Allen & Company LLC and UBS Securities LLC are acting as joint book-running managers for the offering. JMP Securities LLC and Raymond James & Associates, Inc. are acting as co-managers for the offering.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission and was declared effective on December 11, 2014. The offering will be made only by means of a prospectus. A copy of the final prospectus related to the offering, when available, may be obtained from Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attn: Prospectus Department; or from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717; or from Allen & Company LLC, 711 Fifth Avenue, New York, NY 10022; or from UBS Securities LLC, 299 Park Avenue, New York, NY 10171, Attn: Prospectus Department.
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, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Über New Relic
Als führender Anbieter von Observability-Technologien unterstützt New Relic die globale Engineering-Community mit einer datenfundierten Methodik für das gesamte Software Lifecycle – von der Konzept-Phase bis zur operativen Umsetzung. In New Relic One erhalten Entwickler:innen die einzige Plattform zur Erfassung sämtlicher Telemetriedaten: Metrics, Events, Logs und Traces. Im Verbund mit umfassenden Analyse-Tools für den gesamten Stack leitet sie New Relic One in kürzester Zeit von einer grundlegenden Situationsanalyse zur genauen Problemursache. Mit dem branchenweit ersten klar planbaren verbrauchsbasierten Kostenmodell setzt New Relic auf absolute Transparenz in jeder Hinsicht und liefert der Engineering-Community so diverse Vorteile, von optimierter Cycle-Planung bis hin zu besseren Ergebnissen bei der Rate änderungsbedingter Ausfälle, der Release-Frequenzen und Lösungszeiten. Global führende Marken wie adidas Runtastic, das Amerikanische Rote Kreuz, Australia Post, Banco Inter, Chegg, Chegg, GoTo Group, Ryanair, Sainsbury’s, Signify Health, TopGolf und World Fuel Services (WFS) optimieren so ihre Uptime und Stabilität kontinuierlich und steigern über ihr Kundenerlebnis direkt ihr eigenes Innovationspotenzial und Wachstum.www.newrelic.com