[March 14, 2014] |
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Castlight Health Announces Pricing of Initial Public Offering
SAN FRANCISCO --(Business Wire)--
Castlight Health, Inc., a leading provider of enterprise healthcare
cloud software, announced the pricing of its initial public offering of
11,100,000 shares of its Class B common stock at a price to the public
of $16.00 per share. In addition, Castlight Health has granted the
underwriters a 30-day option to purchase up to 1,665,000 additional
shares of Class B common stock from Castlight Health at the initial
public offering price. The shares are expected to begin trading on the
New York Stock Exchange on March 14, 2014 under the symbol "CSLT."
Goldman, Sachs & Co. and Morgan Stnley & Co. LLC are acting as joint
book-running managers for the offering. Allen & Company LLC, Stifel,
Nicolaus & Company, Incorporated, Canaccord Genuity Inc. and Raymond
James & Associates, Inc. are acting as co-managers.
A registration statement relating to these securities has been filed
with the Securities and Exchange Commission and was declared effective
on March 13, 2014. 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.
The offering will be made only by means of a prospectus. Copies of the
final prospectus related to the offering may be obtained, when
available, from Goldman, Sachs & Co., Attention: Prospectus Department,
200 West Street, New York, NY 10282; or from Morgan Stanley & Co. LLC,
Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New
York, NY 10014.
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