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.

The WSGR team includes Steve Bochner, Jose Macias, Jon Avina, Calise Cheng, Erin Guldiken, Bradley Libuit, and Wesley Libuit.

For more information, please see Box's press release.