nCino Announces Launch of Secondary Offering of Common Stock
October 05 2020 - 5:17PM
nCino, Inc. (NASDAQ: NCNO), today announced that it has launched a
secondary public offering of 5,500,000 shares of common stock to be
sold by certain stockholders of nCino (the “Selling Stockholders”).
In addition, certain of the Selling Stockholders are expected to
grant the underwriters a 30-day option to purchase up to an
additional 825,000 shares of common stock. The Company is not
selling any shares and will not receive any proceeds from such
offering.
BofA Securities and Barclays are acting as lead book-running
managers for the offering. KeyBanc Capital Markets and Truist
Securities are also acting as book-running managers for the
offering, along with Piper Sandler, Raymond James and Macquarie
Capital.
The offering will be made only by means of a prospectus, which
will be filed with the SEC and will be available on the SEC’s
website. Copies of the preliminary prospectus related to this
offering, when available, may be obtained from BofA Securities,
NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC
28255-0001, Attn: Prospectus Department, or via email:
dg.prospectus_requests@bofa.com, Barclays Capital Inc., c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood,
NY 11717, by calling (888) 603-5847, or by email at
barclaysprospectus@broadridge.com or by visiting the EDGAR
database on the SEC’s web site at www.sec.gov.
A registration statement relating to these securities has been
filed with the U.S. Securities and Exchange Commission but has not
yet become effective. These securities may not be sold, nor may
offers to buy be accepted, prior to the time the registration
statement becomes effective. 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.
About nCinonCino is a leading global provider
of cloud-based software for financial institutions. Its Bank
Operating System improves employee efficiency while enhancing the
customer experience for onboarding, loans and deposits across all
lines of business. Transforming how financial institutions operate
through innovation, reputation and speed, nCino works with more
than 1,200 financial institutions globally whose assets range in
size from $30 million to $2 trillion. A proven
leader, nCino is part of the 2019 Forbes Cloud 100 and was named
the #1 "Best Fintech to Work For" by American Banker.
CONTACTS
MEDIA
CONTACTS |
|
Claire Sandstrom, nCino |
Natalia Moose, nCino |
+1 646.520.0710 |
+1 910.248.4602 |
csandstrom@mww.com |
natalia.moose@ncino.com |
INVESTOR CONTACTJoAnn Horne Market Street
Partners +1 415.445.3240jhorne@marketstreetpartners.com
nCino (NASDAQ:NCNO)
Historical Stock Chart
From Mar 2024 to Apr 2024
nCino (NASDAQ:NCNO)
Historical Stock Chart
From Apr 2023 to Apr 2024