LAS VEGAS, Oct. 12, 2017 /PRNewswire/ -- Switch, Inc.
("Switch") (NYSE: SWCH) announced today the closing of its
initial public offering yesterday of 35,937,500 shares of its Class
A common stock, including 4,687,500 shares offered and sold
pursuant to an option granted to the underwriters, at a public
offering price of $17.00 per share.
All of the shares of Class A common stock were offered by Switch.
The shares began trading on the New York Stock Exchange on
October 6, 2017 under the ticker
symbol "SWCH."
Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, BMO
Capital Markets Corp. and Wells Fargo Securities, LLC served as
lead bookrunners and as representatives of the underwriters for the
offering. Citigroup Global Markets Inc., Credit Suisse
Securities (USA) LLC and Jefferies
LLC served as bookrunners for the offering. BTIG, LLC,
Raymond James & Associates,
Inc., Stifel, Nicolaus & Company, Inc. and William Blair & Company, L.L.C. served as
co-managers for the offering.
A registration statement relating to these securities was
declared effective by the U.S. Securities and Exchange Commission.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy 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.
The offering was made only by means of a prospectus. A copy of
the final prospectus relating to this offering may be obtained from
any of the following sources:
- Goldman Sachs & Co. LLC, Attention: Prospectus Department,
200 West Street, New York, NY
10282, or by telephone at (866) 471-2526, or by email at
prospectus-ny@ny.email.gs.com;
- J.P. Morgan Securities LLC, Attention: Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at (866)
803-9204, or by email at prospectus-eq_fi@jpmchase.com;
- BMO Capital Markets Corp., Attention: Equity Syndicate
Department, 3 Times Square, 25th Floor, New York, NY 10036, or by telephone at (800)
414-3627, or by email at bmoprospectus@bmo.com; or
- Wells Fargo Securities, LLC, Attention: Equity Syndicate
Department, 375 Park Avenue, NY 10152, or by email at
cmclientsupport@wellsfargo.com, or by telephone at (800)
326-5897.
About Switch
Switch is a technology infrastructure company powering the
sustainable growth of the connected world and the Internet of
Everything. Switch's mission is to enable the advancement of
humanity by creating smart, resilient and sustainable
infrastructure solutions that support the most innovative
technology ecosystems. Switch focuses on the design, construction
and operation of some of the world's most reliable, secure,
resilient and sustainable data centers. Switch's advanced data
centers are the center of its platform and provide power densities
that exceed industry averages with efficient cooling, while being
powered by 100% renewable energy.
Investor Relations:
Cynthia Hiponia or Lauren Sloane
The Blueshirt Group for Switch
investorrelations@switch.com
(702) 479-3993
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SOURCE Switch, Inc.