Box Announces Pricing of Initial Public Offering
On January 22, 2015, Box, provider of a leading enterprise cloud-based product platform, announced the pricing of its initial public offering of 12,500,000 shares of its Class A common stock at a price to the public of $14.00 per share, raising $175 million. In addition, Box granted the underwriters a 30-day option to purchase up to an additional 1,875,000 shares of Class A common stock to cover over-allotments, if any. The shares began trading on the New York Stock Exchange on January 23 under the symbol "BOX." Wilson Sonsini Goodrich & Rosati is advising Box in connection with the offering.
For more information, please see Box's press release.