GoDaddy’s Common Shares Offering


Wilson Sonsini Goodrich & Rosati represented GoDaddy in the offering.

On December 5, 2017, GoDaddy, the world’s largest cloud platform dedicated to small, independent ventures, announced the pricing of an underwritten public offering of 7,277,622 shares of its Class A common stock at a price to the public of $47.32 per share.

According to a company press release, selling stockholders are offering 7,227,622 shares of Class A common stock, while GoDaddy is offering an additional 50,000 shares of its Class A common stock and intends to use the proceeds of the offering to pay the transaction expenses incurred in connection with the offering and any remaining proceeds for general corporate purposes. Morgan Stanley & Co. is acting as the bookrunner for the offering.

The WSGR team that represented GoDaddy in the offering included partners Jeff Saper (Picture), Allison Spinner, and Rezwan Pavri and associates Andy Gillman, Shira Oyserman, and Cody Gaynor.

Involved fees earner: Jeffrey Saper – Wilson Sonsini Goodrich & Rosati; Allison Berry Spinner – Wilson Sonsini Goodrich & Rosati; Rezwan Pavri – Wilson Sonsini Goodrich & Rosati; Andrew Gillman – Wilson Sonsini Goodrich & Rosati; Shira Oyserman – Wilson Sonsini Goodrich & Rosati; Cody Gaynor – Wilson Sonsini Goodrich & Rosati;

Law Firms: Wilson Sonsini Goodrich & Rosati;

Clients: GoDaddy;

Print Friendly, PDF & Email
Avatar

Author: Ambrogio Visconti