– USA, CA – Fastly, Inc., provider of an edge cloud platform, today announced the pricing of its initial public offering of 11,250,000 shares of Class A common stock at a price to the public of $16.00 per share.
In addition, Fastly has granted the underwriters a 30-day option to purchase up to an additional 1,687,500 shares of Class A common stock at the initial public offering price less underwriting discounts and commissions. The shares are expected to begin trading on The New York Stock Exchange under the ticker symbol (NYSE: FSLY) on May 17, 2019.
BofA Merrill Lynch, Citigroup, and Credit Suisse are acting as joint book-running managers for the offering. William Blair, Raymond James, Baird, Oppenheimer & Co., Stifel, Craig-Hallum Capital Group and D.A. Davidson & Co. are acting as co-managers for the offering.
Fastly helps the world’s most popular digital businesses keep pace with their customer expectations by delivering fast, secure, and scalable online experiences. Businesses trust Fastly’s edge cloud platform to accelerate the pace of technical innovation, mitigate evolving threats, and scale on demand. Founded in 2011, Fastly powers online destinations including Airbnb, GitHub, Alaska Airlines, Pinterest, Vimeo, The Guardian, and The New York Times.
For more information: https://www.fastly.com
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