On April 12, 2017, Yext, a leading platform for managing digital knowledge, announced the pricing of its initial public offering of 10,500,000 shares of its common stock at a price to the public of $11.00 per share. The shares began trading on the New York Stock Exchange on April 13, 2017, under the ticker symbol "YEXT." Wilson Sonsini Goodrich & Rosati is representing Yext in the offering.

The company has granted the underwriters a 30-day option to purchase up to 1,575,000 additional shares of common stock to cover over-allotments, if any. Morgan Stanley, J.P. Morgan, and RBC Capital Markets are acting as joint bookrunners for the offering, while Pacific Crest Securities and Piper Jaffray are acting as co-managers. The offering is expected to close on April 19, 2017, subject to customary closing conditions.

The Wilson Sonsini team representing Yext in the offering includes partners Larry Sonsini, Michael Labriola, Megan Baier, and Sriram Krishnamurthy, as well as associate Mark Bass.

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