SurveyMonkey Announces Closing of Initial Public Offering
On September 28, 2018, SurveyMonkey, a leading global provider of survey software products, announced that its parent company, SVMK, announced the closing of its initial public offering of 17,250,000 of its common stock at a price of $12.00, which includes the full exercise of the underwriters' option to purchase 2,250,000 additional shares of its common stock. The shares began trading on The Nasdaq Global Select Market under the ticker symbol "SVMK" on September 26, 2018. Wilson Sonsini Goodrich & Rosati represented SurveyMonkey in the offering.
J.P. Morgan Securities LLC, Allen & Company LLC, and BofA Merrill Lynch are acting as lead book-running managers for the offering. Credit Suisse Securities (USA) LLC, UBS Securities LLC, and Wells Fargo Securities are also acting as book-running managers for the offering and SunTrust Robinson Humphrey, Inc., Code Advisors LLC, Foros, JMP Securities LLC, and LionTree Advisors are acting as co-managers for the offering.
For more information, please see SurveyMonkey's press release.