Qualtrics Announces Closing of Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares
November 11 2021 - 5:32PM
Business Wire
Qualtrics (Nasdaq: XM), the leader and creator of the Experience
Management (XM) category, announced the closing of its public
offering of 27,380,952 shares of its Class A common stock,
including the full exercise by the underwriters of their option to
purchase 3,571,428 additional shares of Class A common stock, at a
public offering price of $42.00 per share. The gross proceeds from
the offering, before deducting underwriting discounts and
commissions and other offering expenses payable by Qualtrics, were
approximately $1.15 billion. The closing occurred on November 9,
2021.
Goldman Sachs & Co. LLC and HSBC acted as lead book-running
managers for the offering. Citigroup, J.P. Morgan, Morgan Stanley,
Barclays and Truist Securities acted as book-running managers.
The offering was made only by means of a prospectus. Copies of
the final prospectus relating to the offering may be obtained from:
Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200
West Street, New York, NY 10282, by telephone at (866) 471-2526, or
by email at Prospectus-ny@ny.email.gs.com; and HSBC Securities
(USA) Inc., 452 5th Avenue, New York, NY 10018, by telephone at
(877) 429-7459, or by email at ny.equity.syndicate@us.hsbc.com.
Registration statements relating to the offering have been filed
with the Securities and Exchange Commission and became effective on
November 4, 2021. 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 Qualtrics
Qualtrics, the leader and creator of the Experience Management
(XM) category, is changing the way organizations manage and improve
the four core experiences of business—customer, employee, product
and brand. Over 13,500 organizations around the world are using
Qualtrics to listen, understand and take action on experience data
(X-data™)—the beliefs, emotions and intentions that tell you why
things are happening, and what to do about it. The Qualtrics XM
Platform™ is a system of action that helps businesses attract
customers who stay longer and buy more, engage employees who build
a positive culture, develop breakthrough products people love and
build a brand people are passionate about.
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version on businesswire.com: https://www.businesswire.com/news/home/20211111006136/en/
Investor Relations Steven Wu Head of FP&A and
Investor Relations investors@qualtrics.com Public Relations
Gina Sheibley Chief Communications Officer press@qualtrics.com
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