Fastly, Inc.’s $207 Million Initial Public Offering

Davis Polk advised the representatives of the several underwriters in connection with a $207 million initial public offering of common stock of Fastly, Inc.

Fastly’s common stock is listed on the New York Stock Exchange under the symbol “FSLY.”

BofA Securities, Inc., Citigroup Global Markets Inc., and Credit Suisse Securities (USA) LLC acted as representative of the several underwriters.

Headquartered in San Francisco, California, Fastly is an edge cloud platform that enables developers to build, secure and deliver modern digital experiences at the edge of the internet. Businesses use Fastly’s edge cloud platform to accelerate the pace of technical innovation, mitigate evolving threats and scale on demand.

The Davis Polk corporate team included partners Alan F. Denenberg (Picture) and Sarah K. Solum and associates Josephine Chen, Caitlin Moyles Cunnane and Stephanie Y. Cheng. Partner Rachel D. Kleinberg and associate Joseph Jarashow provided tax advice. Associate Michael V. Policastro provided intellectual property and technology advice. Associate Sijia Cai provided 1940 Act advice. Counsel Marcie A. Goldstein provided FINRA advice.

Involved fees earner: Sijia Cai – Davis Polk & Wardwell; Josephine Chen – Davis Polk & Wardwell; Stephanie Cheng – Davis Polk & Wardwell; Alan Denenberg – Davis Polk & Wardwell; Marcie Goldstein – Davis Polk & Wardwell; Joseph Jarashow – Davis Polk & Wardwell; Rachel Kleinberg – Davis Polk & Wardwell; Caitlin Moyles Cunnane – Davis Polk & Wardwell; Michael Policastro – Davis Polk & Wardwell; Sarah K. Solum – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Bank of America Securities; Citigroup Global Markets Ltd; Credit Suisse Securities (USA) LLC;

Author: Ambrogio Visconti