SCOTTSDALE, Ariz., Dec. 5, 2017 /PRNewswire/ -- GoDaddy Inc.
(NYSE: GDDY), the world's largest cloud platform dedicated to
small, independent ventures, announced today the pricing of an
underwritten public offering of 7,277,622 shares of its Class A
common stock at a price to the public of $47.32 per share pursuant to an effective
Registration Statement on Form S-3 previously filed with the
Securities and Exchange Commission.
Selling stockholders are offering 7,227,622 shares of Class A
common stock. Selling stockholders participating in the
offering consist of entities affiliated with Technology Crossover
Ventures and one of GoDaddy's executive officers. GoDaddy
will not receive any proceeds from the sale of the shares by the
selling stockholders. GoDaddy is also offering 50,000 shares of its
Class A common stock and intends to use the proceeds of the
offering to pay the transaction expenses incurred in connection
with the offering and any remaining proceeds for general corporate
purposes. Morgan Stanley & Co. LLC is acting as the
bookrunner for this offering.
GoDaddy filed a Registration Statement on Form S-3, which was
effective upon filing on April 5,
2016, including a base prospectus dated April 5, 2016, and has filed a preliminary
prospectus supplement dated December 4,
2017, to which this communication relates. Before you
invest, you should read the prospectus in the registration
statement, the related preliminary prospectus supplement and the
other documents GoDaddy has filed or will file with the SEC for
more complete information about GoDaddy and this offering.
The proposed offering is being made only by means of an effective
shelf registration statement, including a base prospectus,
preliminary prospectus supplement and final prospectus supplement,
copies of which may be obtained, when available, from Morgan
Stanley & Co. LLC, attention: Prospectus Department, 180 Varick
Street, 2nd Floor, New York, NY
10014, by telephone at (866) 718-1649 or by email at
prospectus@morganstanley.com.
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.
About GoDaddy
GoDaddy powers the world's largest cloud platform dedicated to
small, independent ventures. With more than 17 million customers
worldwide and nearly 73 million domain names under management,
GoDaddy is the place people come to name their idea, build a
professional website, attract customers and manage their work. Our
mission is to give our customers the tools, insights and the people
to transform their ideas and personal initiative into success.
Source: GoDaddy Inc.
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SOURCE GoDaddy Inc.