Saturday, July 31, 2021

Couchbase Announces Pricing of Initial Public Offering

Couchbase, Inc. (Couchbase), provider of a leading modern database for enterprise applications, today announced the pricing of its initial public offering of 8,339,130 shares of its common stock at a price to the public of $24.00 per share. The underwriters have a 30-day option to purchase up to an additional 1,250,869 shares of common stock from Couchbase at the initial public offering price, less underwriting discounts and commissions.

The shares are expected to begin trading on the Nasdaq Global Select Market on Thursday, July 22, 2021 under the ticker symbol “BASE.” The offering is expected to close on July 26, 2021, subject to customary closing conditions.

Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC are acting as lead book-running managers for the offering. Barclays Capital Inc. and RBC Capital Markets, LLC are acting as joint book-running managers for the offering. William Blair & Company, L.L.C., Stifel, Nicolaus & Company, Incorporated, Baird and Oppenheimer & Co. Inc. are acting as co-managers for the offering.

Also Read: AR and VR encountering a sharp increase in Enterprise Adoption Rate

The offering is being made only by means of a prospectus. Copies of the final prospectus may be obtained, when available, from: Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attn: Prospectus Department; and Goldman Sachs & Co. LLC, 200 West Street, New York, New York 10282, Attn: Prospectus Department,

A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Latest news

Hyperlocology And Brickwork Team Up To Enable National Brands To Launch Local Retail Digital Advertising At Scale

While 86% of retail is done in brick and mortar locations, the majority of shoppers begin their journey online. Retailers have to bridge the...

Coastal Community Bank Selects 360factors’ Predict360 Enterprise Risk and Compliance Management Solutions

360factors, Inc. announced today that Coastal Community Bank, an Everett, Washington-based community bank, selected 360factors' Predict360 risk and compliance intelligence platform to enhance its enterprise risk and compliance...

Prezi Announces Google Slides Integration for Prezi Video

Prezi, the most engaging way to share content on video, today announced an integration with Google Workspace that allows Prezi Video users to bring an existing...

CVEDIA Joins the NVIDIA Metropolis Program, Focusing on Synthetic Data to Accelerate Edge AI Applications

Computer vision solutions provider CVEDIA announces today that it has joined NVIDIA Metropolis, a program designed to nurture and bring to market a new generation...

Shutterstock.AI Releases Data on AWS Data Exchange to Promote Computer Vision Solutions

Shutterstock, Inc.  , a leading global creative platform that delivers full-service solutions, high-quality content and tools for brands, businesses and media companies , today...

STL delivers Cloud-Native OSS/BSS Solution Powered by Microsoft Azure

STL (NSE: STLTECH), an industry leading integrator of  digital  networks, will provide cloud-native OSS/BSS solutions for telecom service providers, leveraging Microsoft Azure. This solution will...

Related news

Hyperlocology And Brickwork Team Up To Enable National Brands To Launch Local Retail Digital Advertising At Scale

While 86% of retail is done in brick and mortar locations, the majority of shoppers begin their journey online. Retailers have to bridge the...

Coastal Community Bank Selects 360factors’ Predict360 Enterprise Risk and Compliance Management Solutions

360factors, Inc. announced today that Coastal Community Bank, an Everett, Washington-based community bank, selected 360factors' Predict360 risk and compliance intelligence platform to enhance its enterprise risk and compliance...

Prezi Announces Google Slides Integration for Prezi Video

Prezi, the most engaging way to share content on video, today announced an integration with Google Workspace that allows Prezi Video users to bring an existing...

CVEDIA Joins the NVIDIA Metropolis Program, Focusing on Synthetic Data to Accelerate Edge AI Applications

Computer vision solutions provider CVEDIA announces today that it has joined NVIDIA Metropolis, a program designed to nurture and bring to market a new generation...

LEAVE A REPLY

Please enter your comment!
Please enter your name here