Groupon, Inc. (NASDAQ: GRPN) today announced the initial public offering
of 35,000,000 shares of its Class A common stock at a price of $20 per
share. In addition, Groupon has granted the underwriters a 30-day option
to purchase up to an additional 5,250,000 shares of Class A common stock
to cover over-allotments, if any. All of the shares of Class A common
stock are being offered by Groupon. The company's shares are expected to
begin trading on The NASDAQ Global Select Market on November 4, 2011
under the ticker symbol "GRPN."
The lead book-running managers of the offering are Morgan Stanley & Co.
LLC, Goldman, Sachs & Co., and Credit Suisse Securities (USA) LLC.
Additional book-running managers are Allen & Company LLC, BofA Merrill
Lynch, Barclays Capital Inc., Citigroup Global Markets, Inc., Deutsche
Bank Securities, Inc., J.P. Morgan Securities LLC, Wells Fargo
Securities, LLC and William Blair & Company, LLC. Co-managers are Loop
Capital Markets, RBC Capital Markets LLC, and The Williams Capital
The offering of these securities is being made only by means of a
prospectus, copies of which may be obtained by contacting: Morgan
Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street,
Second Floor, New York, NY 10014, via telephone: +1 (866) 718-1649, or
by e-mail: email@example.com;
or Goldman, Sachs & Co., Attention: Prospectus Department, 200 West
Street, New York, NY 10282, via telephone: +1 (866) 471-2526, via
facsimile: +1 (212) 902-9316, or by e-mail: firstname.lastname@example.org;
or Credit Suisse Securities (USA) LLC, Attention: Prospectus Department,
One Madison Avenue, New York, NY 10010, via telephone: +1 (800)
221-1037, or by e-mail: email@example.com.
A registration statement relating to these securities was declared
effective by the Securities and Exchange Commission on November 3, 2011.
This press release shall not constitute an offer to sell or a
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
Source: Groupon, Inc.
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