SAN MATEO, Calif.--(BUSINESS WIRE)--Sep. 28, 2018-- SurveyMonkey, a leading global provider of survey software products, today announced that its parent company, SVMK Inc. (Nasdaq:SVMK), closed its initial public offering of 17,250,000 shares of its common stock at a price of $12.00, which includes the full exercise of the underwriters’ option to purchase 2,250,000 additional shares of its common stock. The shares began trading on The Nasdaq Global Select Market under the ticker symbol "SVMK" on September 26, 2018.
J.P. Morgan Securities LLC, Allen & Company LLC and BofA Merrill Lynch are acting as lead book-running managers for the offering. Credit Suisse Securities (USA) LLC, UBS Securities LLC and Wells Fargo Securities are also acting as book-running managers for the offering and SunTrust Robinson Humphrey, Inc., Code Advisors LLC, Foros, JMP Securities LLC and LionTree Advisors are acting as co-managers for the offering.
The offering was made only by means of a prospectus. Copies of the final prospectus related to the offering may be obtained from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at 866-803-9204, or by email at firstname.lastname@example.org; Allen & Company Prospectus Department, 711 Fifth Avenue, 10th Floor, New York, NY 10022, email@example.com; or BofA Merrill Lynch, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001 (Attention: Prospectus Department), firstname.lastname@example.org.
A registration statement relating to these securities was filed with, and declared effective by, the Securities and Exchange Commission (“SEC”). Copies of the registration statement can be accessed through the SEC's website at www.sec.gov. 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.
Founded in 1999, SurveyMonkey changed the way people gather feedback by making it easy for anyone to create their own online surveys. Today, SurveyMonkey’s mission is to power curious individuals and organizations to measure, benchmark and act on the opinions that drive success. Our People Powered Data platform enables conversations at scale to deliver impactful customer, employee and market insights. The company’s 750+ employees are dedicated to fueling the curiosity of over 16 million active users globally.
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